outflows

Funds management

Magellan sees $2.5b in November outflows

Magellan has seen funds under management fall to $50.2 billion with net outflows of $2.5 billion but two asset classes experienced a rise in flows. ...

Funds management

Outflows approach $100m at Platinum

Platinum has reported outflows of almost $100 million in August as markets struggled and co-founder Kerr Neilson announced his departure, compared to inflows of $22 milli...

Funds management

CEO appointment fails to stem Magellan outflows

Funds under management at Magellan have fallen from $68.6 billion to $65 billion in May, a monthly loss of more than double April’s figure....

Funds management

Magellan doubles down to prevent outflows following Douglass exit

Magellan has hit out at “sheep-like behaviour” causing fund outflows and taken action to maintain liquidity as Hamish Douglass’ return date remains unconfirmed....

Funds management

AMP Capital posts $12b net cash outflows in Q3

The outflows included $9.6 billion due to the transition of the New Zealand wealth management mandate. ...

Superannuation

Mega-super fund outflows would have sunk many smaller industry funds

The latest data around the Government’s hardship early release superannuation regime has confirmed that only mega-funds could have coped with the level of outflows genera...

Funds management

K2 AM restructures after severe hit to assets

K2 Asset Management has undergone a significant restructuring process following a downturn in assets under management which it says will see the firm stay solvent for the...