FUM

Funds management

Platinum Asset Management has reported its latest funds under management figures, with the firm forecasting a further $1.2 billion in redemptions ahead from its instituti...

Funds management

Investment managers who plan to implement artificial intelligence in the next five years expect to see increased productivity, but views are mixed on whether it will boos...

Funds management

Hot on the heels of announcing its turnaround strategy, Platinum Asset Management has shared its latest fund under management figures, reporting its largest outflows for ...

Funds management

The boutique asset manager saw US$3 billion in net inflows in February, almost double the volume seen in the preceding month as FUM rose to $137.5 billion....

Funds management

GQG Partners has seen a US$7 billion increase in funds under management since the start of 2024....

Funds management

In the first full month since the exit of chief executive, David George, Magellan has reported a rise in funds under management for the first time since January 2023. ...

People & Products

While retail market leaders like Insignia had moderate increases, there were at least five platforms with significant rises in the last financial year, including BT’s $3...

Funds management

A large redemption by a UK pension fund has failed to dent the funds under management of GQG in July, as it makes a bid for Pacific Current Group. ...

Financial planning

Wraps, platforms and master trusts FUM declined to $982.5 billion over the year to end of March 2023, although some market leaders like HUB24 and Netwealth experienced do...

Funds management

Magellan Financial Group has seen flat net institutional flows for the first time in a year while Australian equities outflows have moderated after significant outflows i...

Funds management

GQG has seen funds under management rise by almost US$4 billion, thanks to net inflows and strong investment performance....

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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Funds management

Fund manager GQG Partners has announced its latest funds under management for January, starting off the year with a positive 4.5% uplift....

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Funds management

Only half of the cost synergies proposed by the Pendal/Perpetual acquisition are likely to be achieved, according to Morningstar, but combined FUM could reach $283 billio...

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Funds management

GQG has become the latest fund manager to report a downturn in funds under management as the result of institutional client withdrawals....

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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...

1 day 16 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...

1 day 17 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...

2 days 16 hours 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. ...

8 months 3 weeks 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