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Showing 51 - 60 of 1204 results for "Inflows"

Australian Retirement Trust completes Woolworths, Endeavour merger

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... superannuation fund. The Woolworths and Endeavour merger comes during a strong growth period for ART; the fund expects total inflows surpassing $40 billion by the close of FY24. ART chief commercial officer Dave Woodall said that the latest merger signals ...

HUB24 profits surge 64%

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
... HUB24, it said. While the number of active advisers using the HUB24 platform increased by 15% to 4011, the platform's net inflows were down 17% from the year prior. This, HUB24 said, was due to ongoing market volatility and uncertainty in the macroeconomic ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... Fund - both of which address areas of growing client demand," he said. "We are confident that by staying on this course, inflows will follow over time."

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... June 30, reflecting 20.1% growth year on year. In an ASX announcement, GQG attributed FUM growth to $6.2 billion of net inflows and strides in the global equity markets. The fund manager's net revenue increased by 6.5% to $237.1 million in H1 2023, predominantly ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... aiming to grow its footprint in the mass affluent and emerging affluent segments, driving new revenues and boosting net inflows. The wealth management company today reported a record funds under administration (FUA) of $70.3 billion in FY23, representing ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
... Fiducian is betting on the independent financial adviser (IFA) market and its South Australian presence to bolster its inflows as it sets an ambitious plan to exceed its performance reported in the 2023 financial year. The ASX-listed group's latest ...

Australian Ethical unveils new moderate fund

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
... Australian Ethical logged a positive net flow of $90 million. The investment manager saw $110 million in superannuation inflows, while experiencing a $20 million outflow from its managed funds product. During the same period, investment performance contributed ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... AMP Bank achieving disciplined mortgage growth in a competitive environment, the North platform significantly increasing inflows from independent financial advisers, Advice further reducing costs, and Master Trust operating more efficiently and delivering ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... rapidly growing market we're seeing, minimum super contributions are increasing, that should result in additional inflows," he said. Equity Trustees will serve as trustee for the Hejaz Islamic Super and Pension offer. Acclaim Management steps in ...

Online investor numbers dip as cost-of-living bites

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
... dormancy. Over 420,000 previously active investors did not participate during the reporting period, combined with lower inflows of new-to-market investors. Cost of living pressures are, in no small part, contributing to these outcomes, Investment Trends ...