FUM

Funds management

The firm is reviewing staffing levels, senior management salaries, and directors’ fees as a result of the COVID-19 pandemic....

Funds management

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

Funds management

The fund manager’s funds management soared 29% to $92.8 billion over the year to 31 December, 2019....

Funds management

The Australian exchange traded fund industry has added a further $4.2 billion in the first month of the year in funds under management, according to BetaShares Australian...

Funds management

IOOF has reported its highest quarterly net inflows in December 2019 in over a year with $939 million from advice....

Funds management

Australian exchange traded fund industry hit an all-time high in 2019, adding $21 billion and reaching $61.8 billion in funds under management, according to BetaShares....

Funds management

Despite some weaknesses in the market, the Australian exchange traded funds industry reached $57.2 billion in funds under management in October, according to BetaShares’ ...

Funds management

The Australian exchange traded fund industry exceeded $55 billion in September with investors allocating more widely to fixed income than they have in the past....

Financial planning

Australian Unity has posted a better advice revenue bottom line despite reducing its number of advisers and installing a new leadership team....

Funds management

The banks were some of the biggest winners in the post-Federal Election share market rise last week, and data from FE Analytics shows which funds were best positioned to ...

Funds management

IOOF remained positive despite third quarter fund inflows well down on the previous corresponding period....

Funds management

Managed accounts provider, InvestSense, has seen funds under management grow by 40 per cent as advisers move away from traditional managed fund solutions....

Funds management

Australian exchange trade funds market has reached $40.41 billion in funds under management at the end of 2018....

Financial planning

Micro investing specialist, Raiz Invest, has reported a drop of 1.2 per cent in total funds under management in December....

Funds management

The Australian exchange-traded fund industry has seen funds under management fall to $40.8 billion, according to a BetaShares report....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 3 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 6 days ago