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FUNDS UNDER MANAGEMENT
Financial planning
Managed accounts grew by $33 billion in the second half of 2023, double the volume that they grew in the previous six months, according to IMAP. ...
Financial planning
HUB24’s underlying NPAT was $30.4 million in the first half of FY24 while the firm is expecting net inflows to double in the second half to reach a full-year record of $1...
Funds management
Pinnacle has seen a return to inflows in the first half of FY2023–24 as funds under management surpass $100 billion for the first time....
Funds management
Betashares has shared which funds and asset class saw the highest volume of ETF inflows in 2023 as it forecasts funds under management could reach $220 billion this year....
Funds management
Magellan executive chair Andrew Formica has highlighted the skills the firm will be looking for in its recruitment of a new CEO to replace David George, as he scraps its ...
Funds management
In its first FUM update since releasing its full-year results, Magellan has announced its retail and institutional flows during August. ...
Funds management
Magellan's funds under management have fallen below $40 billion as at the end of the 2022–23 financial year after institutional outflows returned after a lull in May....
Funds management
Funds under management at the ethical investment manager have increased by 45 per cent since June 2022, rising to $9 billion, as the firm completes its integration with C...
Funds management
Despite a tumultuous year for equity markets, GQG has ended the year at nearly 96% of the level of funds under management at which it began....
Financial planning
Managed accounts’ funds under management only experienced a modest increase of $0.42 billion to $79.91 billion at the end of June, according to data....
Funds management
The firm is reviewing staffing levels, senior management salaries, and directors’ fees as a result of the COVID-19 pandemic....
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...
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 ...
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...