INFLOWS

Funds management

A leading Australian investment manager has returned 143 per cent over the last five years with potential for further upside from increased distribution as investor appet...

Funds management

The exchange-traded fund industry has recorded a market cap decline in October due to global sharemarket weakness, despite seeing the second-highest level of net flows th...

Financial planning

HUB24 has published its Q4 results for the FY22–23, reporting a 14.6 per cent decrease in platform net inflows but a 15 per cent rise in adviser usage....

Financial planning

In an environment of adviser exodus, HUB24 has reported adviser growth of 13% in the past year. ...

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People & Products

Quarterly net inflows at Praemium increased 115% in the September quarter to $659 million after a difficult prior quarter....

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Funds management

Over $2 billion was wiped from managed funds in the second quarter of 2022, with Australian investors negative on every category of equity fund in June, except Australia,...

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Funds management

The platform provider’s total funds under administration is now at $68.3 billion as its proposal to acquire Class is to be voted on 31 January, 2022....

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Funds management

The firm has reported $4.9 billion in annual inflows in calendar year 2021, 87% higher than the previous year....

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Funds management

The platform provider posted inflows of $8.9 billion, up 82%, and is targeting a funds under advice range of $63 billion to $70 billion by 30 June, 2023....

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Funds management

Praemium’s platform inflows were up 111% during the FY21 but its profit and EBITDA were down thanks to costs associated with acquiring Powerwrap....

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Financial planning

The platform provider also experienced a decrease of $0.7 billion in funds under administration during the March quarter....

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Funds management

Magellan Financial Group has reported $41 million of net inflows in December....

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Funds management

IOOF Holdings said net inflows in funds under management, administration and advice (FUMA) reached $270 million for the first quarter of 2019....

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Funds management

Praemium’s record annual inflows have helped drive funds under management to more than $8 billion....

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Financial planning

IOOF has posted a strong half-year profit based on the back of strong inflows resulting from its advice strategy and ahead of completing its acquisition of ANZ Wealth....

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MARKET INSIGHTS

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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 15 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 16 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 15 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