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Search ResultsShowing 1 - 10 of 100+ results for "FUM"
Magellan readies lower-cost funds
KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
... scalable. From a capacity point of view, it doesn't impact on other products," he said, but declined to comment on the FUM Magellan expects to raise from the Core lineup in coming years. Additionally, Magellan will introduce its global sustainable ...
Tough year at Challenger
KANIKA SOOD  |  TUESDAY, 11 AUG 2020
... multi-boutique Fidante Partners and institutional manager CIP Asset Management - ended FY20 with $80.6 billion in average FUM, up 4%. It generated net income of $8 million, up 5%. Fidante Partners attracted $3.8 billion in net inflows ($2.3 billion from ...
Pinnacle reports FY20 inflows, profits
KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... it was in the second half. Pinnacle said star-performer for the period Hyperion, attracted $22 million a month in retail FUM in their global equity strategy, of the $55 million monthly retail total for the boutique in the June quarter. Coolabah, which ...
Perpetual opens retail raise
ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
... Hanley's 21 strategies cover US, Europe and Far East global and emerging market equities and US fixed income. The total FUM is split as 60% US equities, 15% global equities and 20% fixed income. More than 80% its accounts are US-domiciled. Perpetual ...
Netwealth hits fund managers with new fee
KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... commercial agreements but confirmed the new fee applied all across the board. "The fee is for administration. It is not based on FUM, it is the same for all managers and it seeks to recover the significant overhead that we incur processing rebates arrangements ...
Perpetual takes stake in US asset manager
JAMIE WILLIAMSON, KANIKA SOOD  |  MONDAY, 27 JUL 2020
... heritage. Also last year, Perpetual was reported to have considered Pzena Investment Management (then at US$38 billion in total FUM), which Adams denied to be actively chasing in an interview with Financial Standard. At the time, Adams said the business ...
Fund manager outflows spread into June quarter
KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... management at ASX-listed fund managers in the three months ending March, June quarter's market movements increased funds FUM by 3-8%, according to Macquarie. "With the sector having re-rated ~20% since the end of March, there is diminished absolute ...
Perpetual slashes fees
ALLY SELBY  |  THURSDAY, 23 JUL 2020
... a week after Perpetual announced its fourth quarter update to shareholders, revealing the investment manager had seen its FUM lift 33% during the three months to June. This was largely due to the acquisition of US-based ESG investment firm Trillium and ...
ETP market winners revealed
ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
... billion. BlackRock is the second largest manager in ETPs with $15.3 billion. BetaShares is third with $10.9 billion in ETP FUM and State Street is fourth largest with over $6 billion. However, BetaShares remains the dominant player in the ESG ETP space ...
Australian Ethical posts record results
ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... year, despite challenging market conditions bleeding $20 million from the investment manager. In the June quarter alone, FUM increased by 12.9%, up from $3.59 billion at the end of March. It comes despite a $40 million drawdown on the manager's super ...
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