FUM
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%....
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....
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...
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...
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