FUM

Funds management

AMP’s North wrap products, North and MyNorth, have hit $25 billion in funds under management....

Funds management

XTBs corporate bonds available on the ASX have reached over $100 million in FUM, on the back of increased adviser demand, according to ACBC. ...

News

Investment platform provider, Praemium, has today announced its successful acquisition of UK pension provider, Wensley Mackay Limited....

Funds management

Australia’s ETF industry has smashed through its previous record and hit $24.1 billion FUM, with $580 million in inflows in September, according to BetaShares....

Funds management

Netwealth, has exceeded $10 billion in funds under management following a strong quarterly result....

Funds management

The managed accounts market in Australia is expected to continue to grow quickly with the total FUM held in managed accounts to exceed $30.9 billion, according to IMAP....

Funds management

The ETF industry FUM has hit a new high of $23.6 billion, while 25 new products were created in August, according to BetaShares. ...

Funds management

The Australian exchange traded funds sector hit a new record of $23.2 billion demonstrating strong growth across all metrics in May, according to BetaShares....

Superannuation

FUM in super and retirement incomes sector posted a fall of 3.4 per cent at the end of March as negative earnings more than offset new money flow, according to DEXX&R....

Funds management

VanEck’s equal weight exchange traded fund, which invests outside the top 10 companies, has doubled its FUM in six months....

Funds management

BetaShares managed risk series of ETFs, which reduces falling market exposure, has grown to over $200 million in FUM. ...

Financial planning

Constant regulator changes for advisers, market volatility, and weaker investor confidence has dampened AMP’s wealth management division net cash flows. ...

Funds management

Charter Hall is upgrading its OEPS guidance for the 2016 financial year on the back of a strong first half performance....

Funds management

Australian Ethical has seen its funds under management continue to grow in the quarter ending 31 March, despite stock market volatility....

Funds management

Perpetual Limited is starting 2016 on a high after seeing its FUM rise by $2.5 billion to $30.9 billion in the second quarter of the financial year....

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