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Showing 1 - 10 of 11 results for "FUA for"

First Guardian shaves $286m off Praemium FUA

MATTHEW WAI  |  TUESDAY, 21 OCT 2025
... of our offering and the opportunity to grow our market share in the high-net-worth segment." Wamsteker said. "Growth in FUA for Scope+ highlights our market-leading capability. The strength of these non-custodial services is driving consistent sales ...

Perpetual reports positive first quarter

ELIZA BAVIN  |  MONDAY, 20 OCT 2025
... management business, which, "despite the uncertainty" delivered growth in funds under advice (FUA) for the quarter. Total FUA for the quarter was $21.9 billion, up 2% from the prior quarter, driven by positive market movements of $300 million and net ...

Netwealth's share price rises following strong inflows

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
Netwealth's share price increased over 2% as the investment platform announced a $84.7 billion in funds under administration (FUA) as of March 31. The increase marks a $6.7 billion increase for the quarter, driven by $2.7 billion in net inflows and ...

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... corresponding period. Despite the massive outflows, Powerwrap's total assets rose by 5% to $12.5 billion year on year. FUA for separately managed accounts (SMA) of $10.4 billion was up 16%. The SMA offering recorded quarterly net inflows of $159 million. ...

Netwealth reports $43.8m in FY20 profits

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... transactional capabilities and client service tools and channels. Netwealth is forecasting net inflows of $8 billion in FUA for this financial year, after considering current pipeline, existing clients and growth in new clients. It flagged cash balances ...

Praemium expanding in UK, growing managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
... "startling" and linked the growth to expansion into administering those portfolios on behalf of financial advice firms. Global FUA for the platform surpassed $20 billion in the half year ending 31 December 2019. The UK business enjoyed net revenue growth ...

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... was largely due to lower revenue, average FUM and performance fees earned. Perpetual Private recorded $2.5 billion in FUA for charitable trusts and endowment funds; before-tax profit was 2% lower at $22.6 million. Perpetual Corporate Trust was the only ...

Perpetual thinks outside value investing

KARREN VERGARA  |  THURSDAY, 21 FEB 2019
... and grow. Of course, we remain fully committed to active value investing." Perpetual Private recorded $2.5 billion in FUA for charitable trusts and endowment funds; before-tax profit was 2% lower at $22.6 million. Perpetual Corporate Trust was the only ...

New business drives record HUB24 inflows

MARK SMITH  |  MONDAY, 18 JAN 2016
... $111 million per month, up from $66m per month in FY15. "It is pleasing to report another record quarter of growth in FUA for the business," HUB24 managing director Andrew Alcock said. "In the past year HUB24 has almost doubled its total FUA as a result ...

Avanteos loses $7 billion Goldman Sachs mandate

... cent of the stated $165.3 billion funds under administration (FUA). However, Rainmaker figures show only $27 billion in FUA for First Choice with total CFS platform figures of $35 billion while CFS Global Asset Management at end December had total funds ...
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