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Showing 881 - 890 of 1227 results for "FUM"

BTIM fixed focus for new financial year

ELISE BURGESS  |  MONDAY, 31 OCT 2011
... new financial year. In results posted today, BT Investment Management (BTIM) announced a 8% slip in funds under management (FUM) to $32.7 billion and a cash net profit after tax on a normalised basis of $30.5 million for the year ending 30 September ...

Retail annuity sales boost Challenger results

MATT WOODINGTON  |  THURSDAY, 20 OCT 2011
... under management slipped 4% in the September quarter despite positive net flows in the Australian equity space. The division's FUM stood at $14.3 billion, a 19% improvement on the prior corresponding period. Funds under management in Challenger's funds ...

Indexed FUM up 30% since GFC

ALEX DUNNIN  |  TUESDAY, 18 OCT 2011
The push to alpha-beta separation has put new impetus into the indexing sector, leading to continued growth in index market penetration particularly among equities, according to new research by Rainmaker. Indexing in Australia is now $223 billion, its ...

Advance sells management of $650 million retail funds

MATT WOODINGTON  |  MONDAY, 10 OCT 2011
... franked dividends. The Australian Geared Equity Fund borrows to invest in ASX listed shares and has around $25 million in FUM. "Our relationship with Advance has been a long and successful one and we are very appreciative of their efforts in growing ...

Islamic fund opens doors to Australian investors

MATT WOODINGTON  |  THURSDAY, 6 OCT 2011
... investment portfolio." Crescent Wealth has modeled itself on Saturna Capital in the US, which has attracted close to $4 billion in FUM within four years, 80% of which is from outside the Islamic community, according to Yassine. The Australian equities ...

AustralianSuper awards fresh mandates as FUM soars

MATT WOODINGTON  |  FRIDAY, 30 SEP 2011
AustralianSuper has already handed out a series of large mandates this year and reached June 30 2011 with over $43 billion in assets under management up from $32.6 billion a year earlier. Fidelity won a $525 million Australian equities mandate in the ...

Platforms and wraps lead growth in turbulent times

MATT WOODINGTON  |  WEDNESDAY, 28 SEP 2011
... rise, although outflows of $41.6 billion made a notable dent. Plan For Life evaluates the wraps sector at $148.5 billion in FUM by the end of June, claiming a 34.7% Masterfund market share, down from 35% a year earlier. However, inflows of $50.2 billion ...

FUM market slides back to $1.4tr

ALEX DUNNIN  |  TUESDAY, 13 SEP 2011
... rest at $1.411 trillion, the first negative growth quarter since the same time last year. The slow growth dampened 12 month FUM growth to 5.3%, revealed Rainmaker in its latest Roundup market report. "This lacklustre FUM growth is still way behind the ...

Mandiri open for Australian insto business

ALEX DUNNIN  |  MONDAY, 12 SEP 2011
... Riyanto, president director of Mandiri Investasi, said they are one of the nation's leading asset managers with $2.2 billion in FUM, 60% of which is sourced from overseas institutions. Riyanto, who has lead Mandiri Investasi since 2004 after previous ...

Australian Unity revenue reaches $1bn

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
... Grovedale, Victoria. In August Australian Unity Investments acquired three unlisted property funds, with over $430 million in FUM, as part of its property growth strategy to build its retail funds business.