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Showing 841 - 850 of 1227 results for "FUM"

Investment management hit by downturn

MARK STORY  |  THURSDAY, 13 SEP 2012
... industry dynamics than the recent loss of mandates. According to Rainmaker research, Constellation's funds under management (FUM) have dropped from a peak of $1, 659 billion in 2007 to around $526 million at March 2012. Further fallout from ugly market ...

Catch-all 'Alternative' label useless: Pengana

ALEX DUNNIN  |  FRIDAY, 7 SEP 2012
... on returns and capacity constraints. This is reinforced if the manager is rewarded by fees based on performance not simply FUM, explained Pillemer. "In our view, the 'alternatives' category should be replaced by a 'low correlation' category that includes ...

Super FUM hits $1.4 trillion

ALEX DUNNIN  |  THURSDAY, 23 AUG 2012
... continued their decline and contracted 4.5% through the year to reach $56 billion. The growth of SMSF means they now hold as much FUM as industry and government funds combined after long ago sailing past the retail sector This explains why the retail ...

Challenger attributes 20% profit growth to annuity/life

MELANIE TIMBRELL  |  MONDAY, 20 AUG 2012
... Partners stands for consistent alpha-generation throughout the cycle." Challenger Funds Management reported a 31% rise in FUM to $31 billion with net flows of $4.2 billion, including $1.1 billion from the acquisition of Asian emerging markets specialist ...

First Super appoints MetLife

ALEX DUNNIN  |  TUESDAY, 31 JUL 2012
... workers in the timber, pulp and paper and furniture and joinery industries. It has about 74,000 members and almost $2 billion in FUM. "After a review of our member's insurance needs and a competitive tender process, MetLife offered the best insurance ...

KiwiSaver 5 years going strong

ALEX DUNNIN  |  WEDNESDAY, 18 JUL 2012
... by NZ Post) with 7% and Mercer with 6%. According to Morningstar NZ, conservative investment options hold 42% of KiwiSaver FUM, growth options 20%, balanced options 16%, moderate options 15% and aggressive options 7%. Fixed interest and cash account ...

Aust real estate investors staying home

LINDA HAUSKEN  |  THURSDAY, 12 JUL 2012
... such as Australia. Standard Life Investments is one of the world's largest real estate investment managers with $235bn in FUM.

Aust funds trail world in alternatives

ALEX DUNNIN  |  TUESDAY, 10 JUL 2012
Alternative assets make up 20% of world pension fund FUM but these alternative investors are continuing to shun Asia in favour of more established markets in the US and Europe. The 20% alternative weighting, according to a Towers Watson survey of the ...

AGEST merger put on hold

BEN COLLINS  |  FRIDAY, 29 JUN 2012
... understands that every month the merger is delayed will cost $1 million in lost savings. AGEST has approximately $4.3bn in FUM, and AustralianSuper (Australia's largest superannuation fund) has $42bn.

Centralised portfolios better for tax

BEN COLLINS  |  THURSDAY, 28 JUN 2012
... investing, Lawrence said funds needed to customize their structure. He said a centralised portfolio management approach, where FUM the managers operate were funneled into a central fund, is more tax-efficient. "A central portfolio is superior in terms ...