FLOWS

Financial planning

Inflows to Praemium have decreased from almost $3 billion to $1.3 billion in the FY22–23 although positive market movements still helped the firm see a rise in funds unde...

Funds management

Funds under management at GQG Partners are approaching US$100 billion thanks to inflows of more than US$5 billion since the start of 2023. ...

Funds management

GQG Partners has reported positive net inflows of US$8 billion for 2022 while net revenue has increased by almost 10%....

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Financial planning

The super and investment services platform has reported underlying profit growth, despite a spike in outflows across both its FUA and FUM portfolios. ...

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Funds management

Economic uncertainty and a shift in market sentiment have been attributed to a 42% plunge in the wealth management firm’s net FUA inflows....

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Funds management

Inflows to Australian equity exchange traded funds rose 57% quarter-on-quarter to $1.7 billion in Q2, according to Vanguard, as investors sought familiar domestic names i...

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Funds management

Magellan has seen quarterly net outflows of $5.2 billion in the three months to 30 June, causing total funds under management to fall to $61.3 billion. ...

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Funds management

GQG has recovered assets lost in April this month with funds under management rising by 4.6%....

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Funds management

Vanguard has announced the closure of its Vanguard Global Multi-Factor Active exchange traded fund, as the ETF industry sees a lacklustre start to the year....

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Funds management

Pendal’s Australian funds under management have declined by 3.8% in the March quarter as a result of portfolio adjustments and investment performance. ...

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Funds management

Magellan Financial Group has seen outflows of $1.5 billion in the December quarter, in addition to a $23 billion reduction from the termination of a mandate with St James...

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Funds management

Despite a fall in global and Australian equities, exchange traded funds had the highest monthly net inflows in September with $2.9 billion entering the industry. ...

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Funds management

Exchange traded products in Australia experienced inflows over $1.07 billion in April, with half that in Australian equities....

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Financial planning

The platform provider also experienced a decrease of $0.7 billion in funds under administration during the March quarter....

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Funds management

Platform provider Netwealth is asserting robust financial health in the face of COVID-19 and impacts on inflows....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 5 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 6 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago