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Showing 1 - 10 of 1109 results for "FUM"

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
EQT Holdings Limited (Equity Trustees) has completed the integration of Australian Executor Trustees Limited (AET). The completion was marked by the conclusion of the Transition Service Agreement that Equity Trustees had in place with Insignia Financial ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... votes, Peters told shareholders that his top priority is to improve the core business and stabilise funds under management (FUM), which dwindled to $12.2 billion at the end of October. "We do acknowledge the underperformance and are working hard on it... ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... (AGM) held in Sydney this morning that his top priority is to improve the core business and stabilise funds under management (FUM), which dwindled to $12.2 billion at the end of October. To do that, Platinum will add new products managed in-house and ...

Australian ETFs reach $233bn in FUM

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
The Australian ETF industry continues to see strong inflows, according to the VanEck ETF Industry Pulse October 2024, reaching a record $233 billion in funds under management. This is up 2.7% from September 2024 and up 54.5% from October 2023. Betashares ...

GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
GQG Partners' funds under management (FUM) has taken a small tumble, slipping from US$161.6 billion to US$159.4 billion in October. The investment management firm's last dip in FUM occurred in April this year. GQG also reeled in US$3 billion ...

Betashares launches ethical fixed income ETF

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
... strategy is the ninth in Betashares' ethical and responsible range, which has now amassed a combined funds under management (FUM) of $5.6 billion as at September 30. Earlier this year, Betashares highlighted the boom in ethical themed ETFs seen in ...

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... anticipates a further $1.4 billion in outflows for the same reason before year end, it said. As for the asset management business, FUM increased marginally to $90.8 billion, up 1.6%. However, there was also $504 million in net outflows. Net inflows of ...

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... and the trustees being entitled to do so. From next July, super funds with more than $30 billion in funds under management (FUM) will need to target 0.20%, while those with more than $165 billion will need to target a minimum of 0.175%. This will help ...

Asset managers need to improve performance: Morningstar

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... pressures are fee compression, cost inflation, and moderating net flows. Average EBIT growth still lags revenue growth, even as FUM growth recovered about a year ago."

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
Generation Development Group (GDG) has reported record growth in the September quarter with its funds under management (FUM) now nearing $3.6 billion on the back of major inflows. GDG's FUM is up 33% - close to $1 billion - on the prior corresponding ...
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