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Showing 81 - 90 of 396 results for "FUA"

Netwealth to distribute private markets offering

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
... Netwealth also disclosed its quarterly business update to the ASX, revealing a large increase in funds under administration (FUA) from $1.7 billion for the September quarter, despite a negative market movement of $0.4 billion. Netwealth's FUA has now ...

Nanuk hires from Ellerston

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... in Nanuk's active ETF and managed fund coupled with the recent launch of an AUD currency hedged unit class leading to FUA exceeding $700 million. This interest has been fuelled by heightened demand from investors and advisers seeking deeper engagement ...

Causeway PM, H&G form joint venture

CASSANDRA BALDINI  |  MONDAY, 11 SEP 2023
... inception and has steadily accumulated approximately $600 million in funds under management (FUM) and funds under advice (FUA) since 2018. It attributed FUM and FUA growth to servicing a small, select group of private, wholesale, and institutional investors. ...

Praemium reports strong growth in FY23

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... Meantime, its net profit after tax was $15.2 million. The investment platform now has $44.0 billion in funds under administration (FUA), up 9% on the year prior. It saw net inflows of $1.4 billion. As at June 30, Praemium's separately managed accounts ...

HUB24 profits surge 64%

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
... recorded a statutory NPAT of $38.2 million in FY23, up 160% from the previous year. Meantime, total funds under administration (FUA) rose 23% to $80.3 billion. "FY23 has been another successful year for the HUB24 Group with strong FUA growth and operational ...

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
... billion in funds under management and over 130 advisers. Madison had 73 authorised representatives overseeing $3 billion of FUA at the end of June, according to ASIC's Financial Adviser Register. Godfrey Pembroke currently has 59 advisers. The Heads ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... driving new revenues and boosting net inflows. The wealth management company today reported a record funds under administration (FUA) of $70.3 billion in FY23, representing a 26.3% increase on the previous financial year. In an ASX announcement, Netwealth ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
... net inflows of $265 million out of the total $364 million came from its aligned advisers. Fiducian's funds under advice (FUA) increased by 5% to $4.6 billion year on year. IFAs account for 14% of total FUA. "Efforts are underway to build new relationships ...

Perpetual reports $212bn in AUM

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
... Interest strategy respectively which contributed to Group net outflows." Meanwhile, wealth management's total funds under advice (FUA) were $18.5 billion as at June 30. Net inflows were $0.1 billion, with continued contributions from Native Title and ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... the group. Funds under management for the managed accounts channel on BT Panorama jumped 26% year on year to $13.7 billon. FUA on BT Panorama of $102.1 billion, however, was down 3% year on year. Westpac's financial adviser representatives stood ...