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Showing 741 - 750 of 1227 results for "FUM"

Profit up and new products for ClearView

MARK SMITH  |  WEDNESDAY, 27 AUG 2014
... from $6.6 million) while the financial advice division contributed $3.5 million (up from $800,000). Funds under management (FUM) in ClearView products increased 8% over the year to $1.66 billion as at 30 June 2014. Net flows were broadly neutral over ...

IOOF reports record growth

STAFF WRITER  |  FRIDAY, 22 AUG 2014
Financial services company IOOF has reported double digit growth in its underlying net profit after tax (UNPAT), reporting a result of $123 million for the full year ending 30 June. UNPAT was up a record 13%, while net profit after tax (NPAT) was $101.3 ...

Treasury Group announces double digit growth for full year

ALICE URIBE  |  THURSDAY, 21 AUG 2014
... underlying net profit after tax had increased by 27% to $14 million for the period ending 30 June 2014. Total funds management (FUM) was also up 49% to $25.4 billion. Treasury Group attributed this to strong performance from RARE, IML and the acquisition ...

Challenger to raise $530m to fund further annuities growth

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
... phase of super. "Similar growth opportunities await our boutique funds management business. We have close to $50 billion in FUM and the same again in available capacity, with diversification by asset class and product and strong investment track records. ...

NAB quarterly profit up 7%

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... insurance claims business. Lapses remained stable during the last quarter and the impact of higher funds under management (FUM) was offset by a mix change to lower margin wholesale investment business in the period. "Like all large businesses, there ...

Magellan profits jump 71%

MARK SMITH  |  FRIDAY, 15 AUG 2014
... to 38.3 cents per share over the 12 months. Net assets grew 35% to $206.6 million and the company's funds under management (FUM) stood at $23.5 billion as at 30 June, an increase of 60% year on year. Total retail FUM was $6.7 billion at 30 June (up from ...

Passive FUM reaches all-time high

MARK SMITH  |  MONDAY, 28 JUL 2014
... provider, cash flows to Australian listed ETFs set a new record of $1.67bn for the year to June 2014. The rise of passive FUM coincides with a number of trends within the funds management industry that have provoked institutions to reconsider the benefits ...

ASX mFunds FUM already ahead of ETFs

ALEX DUNNIN  |  FRIDAY, 11 JUL 2014
... 100 products overtaking the number of ASX listed ETFs and reach $20-30 billion worth of funds under management albeit the FUM in these products may not be exclusively sourced through the ASX mFunds platform. Australian equity funds are so far the most ...

HK funds market climbs to A$2.4tr

ALEX DUNNIN  |  THURSDAY, 10 JUL 2014
... Rainmaker research. Australia is thus the second largest Asia-Pacific funds management market ex-Japan. But while Australia's FUM business is driven by superannuation inflows of A$144 billion and non-super inflows estimated at up to another A$100 billion ...

FUM closes in on $2trn

ALEX DUNNIN  |  TUESDAY, 24 JUN 2014
... trillion barrier, reveals new research from Rainmaker. Rainmaker has just released its March 2014 funds under management (FUM) survey and they found that the combined Australian sourced market of $1.778 trillion and the estimated overseas sourced market ...