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

Search Results

Showing 961 - 970 of 1227 results for "FUM"

Hybrid banking account wins $1bn super

RUTH LIEW  |  FRIDAY, 20 AUG 2010
... the end of this year. Melanie Evans, head of superannuation and retail investments at BT Financial Group, said the current FUM is an 84 per cent increase from last October. "It was around the $500 million mark at the start of our financial year which ...

Grant Samuel hires IML head of retail

COMPANY RELEASE  |  TUESDAY, 17 AUG 2010
... distributes the investment products of Epoch Investment Partners, a New York based global equity specialist fund manager. GSFM's FUM in Australia is $1.1 billion. The firm has an equity stake in and is the distribution partner of Tribeca Investment ...

SSgA hits $3bn in ETFs

COMPANY RELEASE  |  TUESDAY, 10 AUG 2010
... Traded Funds (ETFs) in Australia, up more than 50 per cent over 12 months. This is 52 per cent higher than the $1.97 billion in FUM for SPDRs as at July last year and reflects growing demand over the past year from investors, particularly those in the ...

Wealthtrac broadens share trading services

RUTH LIEW  |  TUESDAY, 3 AUG 2010
... that across. If for example, that means they have an $800,000 account, we'd still charge them as if they have $500,000 [in FUM]," he said. The Wealthtrac share trading service provides investors with an individual holder identification number (HIM). ...

Gen-Y super Individuum shuts down

MICHAEL HOBBS  |  MONDAY, 2 AUG 2010
... All existing member funds were transferred to the IOOF Pursuit Core investment option, which has more than $67 million in FUM according to Rainmaker. David Arnold, head of individuum at IOOF, has left the firm while the remaining staff have been reassigned ...

Treasury bounces back to pre-crisis FUM

MICHAEL HOBBS  |  TUESDAY, 27 JUL 2010
Treasury Group's funds under management (FUM) rose more than 34 per cent to $14.7 billion in the year to June, close to its pre-GFC levels, after three of its fund managers attracted flows from institutional investors. The group's FUM increased by $3.7 ...

Karagianis moves to MLC

PRESS RELEASE  |  TUESDAY, 13 JUL 2010
... the strategic asset allocation where appropriate." MLC Investment Management runs $114 billion in funds under management (FUM) sourced from local and overseas clients, according to Rainmaker. Its long-time chief investment officer Chris Condon stepped ...

China proves resilience

MICHELLE BALTAZAR  |  FRIDAY, 18 JUN 2010
... fund managers in the world (including BlackRock, Franklin Templeton and Fidelity), the net flows of funds under management (FUM) in percentage terms halved from 3.3 per cent at the end of the 2009 quarter to 1.6 per cent at the end of the first quarter ...

SSgA wins S&P licence for ETFs

COMPANY RELEASE  |  FRIDAY, 11 JUN 2010
... SPDR as Australia's leading ETF brand by giving it exclusive access to the country's premier benchmark index," he said. Total FUM for SPDR ETFs reached $2.65 billion as of 31 May, 2010, an increase of more than 72 per cent from May 2009. SPDR ETFs account ...

INGIM tackles retail, welcomes regulatory changes

RUTH LIEW  |  FRIDAY, 11 JUN 2010
... of the firm's $35 billion funds management business are invested in equities. Globally, the group oversees $550 billion in FUM, making it one of the world's top 20 largest fund managers. The parent group ING, however, is in the process of separating ...