FUM

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....

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Funds management

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

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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’....

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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....

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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....

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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....

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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...

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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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Funds management

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

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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...

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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. ...

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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. ...

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People & Products

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

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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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Funds management

Australian Ethical has announced its funds under management has reached over $5 billion during the first half of FY21....

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 1 hour ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago