Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 1226 results for "FUM"

Pacific Current FUM, earnings lower in FY25

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
The exit of two boutiques has dented Pacific Current Group's (PAC) funds under management (FUM) by 29%, while another affiliate dragged the 2025 financial year with a $22.1 million impairment. Exits in Banner Oak Capital Partners and Carlisle Management ...

Regal sees inflows rise 120% to $1.9bn

ELIZA BAVIN  |  MONDAY, 25 AUG 2025
Regal Partners has reported funds under management to June 30 of $17.7 billion with new FUM inflows of $700 million in 1H25. Regal said this brings its 12-month net inflows to a record of $1.9 billion, up 120% on the prior corresponding period. Statutory ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... including MLC Expand, exceeding $100 billion of FUA at the end of FY25, the launch of MLC Retirement Boost, and managed accounts FUM growing to more than $3.3 billion. "... we remain focussed on our 2030 Vision and Strategy, confident in our ability ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... operating expenses has however grown to $161.0 million, a 23.4% increase from the previous year. Further, funds under management (FUM) grew by 31.9% to $27.0 billion as at June 30. Meanwhile, a fully franked final dividend of 21.0 cents per share will ...

Equity Trustees FUM tops $254bn

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Equity Trustees saw funds under administration and supervision (FUMAS) rise 28% to $254 billion in FY25. In addition, revenue rose 7% to $182.5 million, statutory net profit after tax rose 60.4% to $33.2 million, and underlying net profit before tax ...

Global X ETFs on a hiring spree, readies for $12bn FUM

MICHELLE BALTAZAR  |  THURSDAY, 21 AUG 2025
... adding five new team members to its operations this month as its asset base tips over $11 billion in June, well ahead of its FUM target. Adding AI muscle to its technology team, Global X has hired David Croft as technology and AI lead. Prior to joining ...

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... A total of $10.7 billion of the net outflows come from institutional investors. Net outflows also include $0.8 billion of FUM related to Merlon Capital Partners, which Fidante divested last year. Challenger declined to comment on who the institutional ...

Aberdeen to terminate three funds

MATTHEW WAI  |  MONDAY, 18 AUG 2025
... could hinder optimisation of other products. The abrdn Multi-Asset Income Fund has $71.40 million in funds under management (FUM) as at 31 July 2025, according to data from Rainmaker Information. The abrdn International Equity Fund has some $31.39 million ...

Fiducian FUA reaches $5bn

KARREN VERGARA  |  MONDAY, 18 AUG 2025
... nonaligned financial adviser groups, in particular, through SMA administration services and Auxilium." Funds under management (FUM) at the end of the period $5.9 billion, which grew 12% year on year. The group delivered gross revenue of $89.4 million ...

Linda Elkins joins AMP board, Slattery exits

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2025
... previously executive general manager at CFS, leading 1,000 staff and managing over $130 billion in funds under management (FUM), and managing director - superannuation at Russell Investment Group. "I'm excited to be welcoming Linda to the Board. ...