Search ResultsShowing 1 - 10 of 100+ results for "FUM"
New super fund targets millennials
ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... 1.19% on a $50,000 balance for a personal product. "This is a personal product, not a MySuper product. Elevate needs to raise FUM and revenue very quickly to survive a competitive landscape," Rainmaker head of research Jason Ross said. "With the regulator's ...
Cbus head of advice launches firm
KANIKA SOOD  |  FRIDAY, 17 JAN 2020
... for orgnisations to move away from conflicted performance measures (such as measuring an adviser's performance by sales, FUM or the number of statements of advice) towards better performance measures, while maintaining commercial success. The second ...
Index investment soars: Research
ELIZABETH MCARTHUR  |  TUESDAY, 14 JAN 2020
... Lifecycle MySuper assets grew 15% while single strategy MySuper assets grew 10%. But the big winner when it comes to super FUM was not for profit super funds which now claim more than 50% of total super assets. Not for profit super was the fastest growing ...
Masterfunds up $26 billion
ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
... According to Plan For Life Actuaries, masterfunds ended the year to 30 September 2019 up 3% - amounting to $26 billion. Total FUM for masterfunds now stands at $887.8 billion. However, during the September quarter there was a blip; FUM declined by $4.3 ...
Greater potential for smart beta: Research
ELIZA BAVIN  |  THURSDAY, 19 DEC 2019
... there is a trend to lower fees in both segments. If you calculate the average fee weighted by 12-months flows instead of FUM the average for smart beta products drops to 0.40% pa and for market-cap weighted products to 0.20% pa, meaning lower priced ...
Super sector to dominate by 2034
ALLY SELBY  |  MONDAY, 16 DEC 2019
... industry. "The average size of funds grows each year. Within five years, there will be 10 funds with more than $100 billion of FUM," it said. The research house also predicted that the retail segment will go under the knife. "The retail segment will ...
Pinnacle buys stake in Coolabah
KANIKA SOOD  |  THURSDAY, 12 DEC 2019
... generating alpha from liquid, high-grade credit," Pinnacle managing director Ian Macoun said. "Furthermore, more than 90% of the FUM is subject to performance fees providing strong alignment with clients," he said. In July, Coolabah took full ownership ...
Grow Super hires Qantas Super executive
KANIKA SOOD  |  MONDAY, 2 DEC 2019
... administration business," Wilson said. Wilson said the new business' clients will "not necessarily" be small funds and there is no FUM limit to how big a client Grow will be able to handle. Grow Super's own administration services for its superannuation ...
Fee cuts at super fund
KANIKA SOOD  |  MONDAY, 2 DEC 2019
... managed fund options. During the year it reported an underlying profit after-tax of $5 million from $36 million in revenue. Its FUM, revenue an inflows grew over the year but FUM-based revenue margin has continued to fall over the years, from 1.40% in ...
Retail funds shrink unlisted assets
KANIKA SOOD  |  MONDAY, 11 NOV 2019
... Australian superannuation funds' total money invested in such investments. Over the five years, the proportion of retail fund FUM held in unlisted assets fell from 4.5% in 2014 to 3.7% this year. By contrast, not-for-profit superannuation FUM share ...
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