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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....

Funds management

Pendal Group’s funds under management have fallen by $13.9 billion in the June quarter due to fund redemptions driven by client caution and sustained market challenges....

Funds management

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

Funds management

Magellan Financial Group has lost $6.4 billion in less than two weeks as chair and chief investment officer Hamish Douglass takes ‘leave of absence’....

Funds management

Perpetual has announced that its total assets under management stood at $102.8 billion in Q2, up 1.8% on the prior period, with all divisions showing growth....

Funds management

The “willingness” of self-managed super funds to consider alternative property sectors has led DomaCom to see its funds under management reach $100 million....

Funds management

Having listed on the ASX last October, GQG has announced it ended the year with US$91.2 billion in funds under management....

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...

Funds management

Pinnacle Investment Management has acquired convertible redeemable preference shares that would give it a 25% equity stake in Australian-based private equity, Five V Capi...

Funds management

Funds under management at Pendal have risen to almost $140 billion although sub-advised channels contributed to outflows as clients took profits....

Financial planning

ClearView has announced underlying net profit after tax is up 54% to $22.7 million but operating earnings for its financial advice arm were down 58% as it sells it to Cen...

Funds management

EQT Holdings has announced a 43% year-on-year growth in funds under management, administration and supervision to $144 billion for the year. ...

Funds management

The total real estate assets under management of Australian managers hit $307.4 billion in 2020 and were 2.7% down compared to the prior year. ...

People & Products

Funds under administration for the Macquarie Wrap platform has passed a billion dollars this year....

Funds management

Net inflows, strong performance, higher market contributions, and a positive currency impact has led to the 4.4% funds under management growth for the group. ...

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