FUM

Funds management

Magellan Financial Group has reported its highest funds under management in almost a year, but specialist investors made redemptions following changes to its global fund....

Funds management

Perpetual has seen another difficult quarter for its asset management division, reporting its largest quarterly outflows for FY24....

Funds management

Australian Ethical has reported $10.4 billion in funds under management as quarterly inflows grow by 54 per cent....

Funds management

Marking a departure from April’s muted inflows, the ETF industry reported the highest level of monthly inflows for the year so far during May at $2 billion....

Funds management

Platinum Asset Management has seen redemptions plateau in May following heavy outflows in the past two months. ...

Funds management

Australian Ethical has seen its funds under management reach $10 billion, driven by organic customer growth and superannuation contributions....

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...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

5 days 16 hours ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 5 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

2 weeks 3 days ago
moneymanagement logo