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Showing 1 - 10 of 37 results for "Gross Inflows"

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... came from institutional investors, of which $650 million related to one partial redemption by a large investor. Gross inflows were $347 million with international and Asia fund strategies benefiting the most. Platinum ended 2023 with $15.4 billion in ...

Generation Development Group nears $3bn

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... announcement, GDG also reported FUM growth of $232 million between September and December 2023, alongside a 37% rise in gross inflows compared to the previous period. Chief executive Grant Hackett said that the company achieved another very strong quarter ...

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
In an ASX announcement, Generation Development Group (GDG) has reported negative quarterly gross inflows, down 38% on the period prior. GDG's net inflows were $59 million in the December quarter. The business also had $114 million sales inflows. GDG ...

Netwealth reports FUA increase

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
... 10.2%. Funds under management also increased $0.6 billion to $14.4 billion, despite negative market movement. It saw gross inflows of $4.1 billion for the December quarter, which were partially offset by larger than usual outflows in the high-net-worth ...

Praemium reports 92% flow increase

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... Praemium's financial year net inflows were $2.9 billion, up 92% from its prior corresponding period. Unfortunately, gross inflows saw an approximate $650,000 decline, with last year's $21 million inflow trumping this year's $14 million. Net inflows were ...

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
... institutional net outflows, we believe these reflect short-term factors including rebalancing, with the rate of gross inflows broadly consistent with the prior comparative half year - the institutional sales pipeline remains robust," Pinnacle said. Pinnacle ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... retail funds whereas AMP's decrease was impacted by the sale of its life insurance business to Resolution Life. Gross inflows for the year to June 2020 were $192.2 billion, up 6.9% from the previous 12 months. While wholesale funds declined 2.2% over ...

Specialist platforms prosper in June quarter

ALLY SELBY  |  MONDAY, 20 JUL 2020
... quarter alone, HUB24 experienced net inflows of $1.1 billion (up 11% compared to the same period last year), while its gross inflows for the quarter were up 7% at $1.6 billion. HUB24 also signed 34 new licensees to the platform during the quarter, including ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... markets crashing in March, HUB24 continued to experience strong net inflows in the quarter of $1.4 billion, with gross inflows of $1.8 billion. The specialist platform said these inflows had been driven by support from its large national licensee and ...

Praemium expanding in UK, growing managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
... WealthCraft CRM and planning software licences. "The international platform won three awards during 2019, and its gross inflows were up 81% over the previous year," Ohanessian said. Over the full year period, UK pension schemes were up 79% for the platform. ...
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