FUM

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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Funds management

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

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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. ...

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Funds management

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

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Funds management

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

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Funds management

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

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Funds management

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

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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...

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Funds management

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

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

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The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

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A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

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The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

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