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Showing 11 - 20 of 51 results for "FUM"

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
Australian Ethical saw another quarter of positive net flows and investment performance, surpassing $13 billion during the quarter. Retail and wholesale net flows hit $173 million, while superannuation flows of $101 million were below recent quarters ...

Ellerston Capital hires investment specialist

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024  |  NEWS
... further strengthen its national distribution efforts. In this role, Salamon will oversee the IFA channel with a focus on growing FUM and widening Ellerston's adviser network. Salomon brings with her over 17 years of industry experience. At L1 Capital ...

First Aussie circularity fund shoots for $1bn

ROSE MARY PETRASS  |  WEDNESDAY, 27 NOV 2024  |  NEWS
... Global inaugural Circular Future Fund (CFF) promises an economy where no resource goes to waste, with a goal of $1 billion FUM in the next five years. To launch the fund, the investment banker and family office teamed up with environmental organisation ...

Betashares launches first ethical bonds ETF

ROSE MARY PETRASS  |  FRIDAY, 8 NOV 2024  |  NEWS
... bonds portfolio. The powerhouse fund manager now offers nine ethical and responsible investment ETFs - a total of $5.6 billion FUM as of the end September 2024. The Betashares Ethical Australian Composite Bond ETF (ASX: AEBD) offers exposure to corporate ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  MONDAY, 21 OCT 2024  |  NEWS
... year, fuelled by its acquisition of Altius Asset Management. Australian Ethical has $12.95 billion in funds under management (FUM) as at September end. About $1.93 billion of this is due to the Altius deal finalising, while $487 million was added through ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024  |  NEWS
... circumstances where the fund was a relatively small part of Vanguard's overall business (less than 1% in terms of income and FUM). Commenting further on his decision, he said: "Vanguard's contraventions should be regarded as serious... Further ...

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... thresholds in overseas and Australian listed shares (excluding pooled funds). CareSuper currently has 223,000 members and $23 bn FUM, while Spirit Super has 350,000 members and $30bn FUM.

Australian Ethical profit up 57% to $18.5m

ROSE MARY PETRASS  |  THURSDAY, 29 AUG 2024  |  NEWS
... manager's acquisition of Altius Asset Manager in May, with completion expected by the end of September, is expected to add $2b of FUM. The firm also bought Christian Super SFT in 2022. Vasili Kolesnikoff, head of research at ISS STOXX Australia and ...

Australian Ethical snaps up asset manager

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024  |  NEWS
... Asset Management, the sustainable fixed income business of Australian Unity, a move that will see its funds under management (FUM) swell by $2 billion. The acquisition will see both firms merge their fixed income capabilities, expanding Australian Ethical's ...

Australian Ethical reaches $10 bn FUM

ROSE MARY PETRASS  |  MONDAY, 22 APR 2024  |  NEWS
... Managing Director John McMurdo said: "Australian Ethical is delighted to have achieved a significant milestone this quarter, with FUM reaching $10 billion. "We've seen another quarter of positive flows due to continuing organic customer growth, increased ...