FUM

Funds management

Netwealth’s funds under administration net inflows increased 36.1% last year to $9.2 billion. ...

image
Funds management

Fiducian Group has reported a $600 million increase in funds under management, advice and administration while revenue was up 11% counting year-on-year. ...

image
Funds management

Magellan has announced the development of lower cost investment alternative for retail investors, which will be a series of diversified investment strategies. ...

image
Funds management

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

image
Funds management

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

image
Funds management

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

image
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...

image
Funds management

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

image
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....

image
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’ ...

image
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....

image
Financial planning

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

image
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 ...

image
Funds management

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

image
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....

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

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...

4 days 16 hours 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...

4 days 17 hours 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...

5 days 16 hours 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. ...

8 months 4 weeks 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