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Magellan Financial Group is hopeful new managing director Sophia Rahmani will help steady the ship, as it sharpens its focus on the US and reports a 24% increase in statutory net profit after tax despite plummeting funds under management. ....
The iShares Core S&P/ASX 200 ETF recorded net outflows of more than $1 billion. The assets under management of the Australian ETF industry dipped 0.2 per cent or $0.3 billion in August to $130.0 bill ....
Australian ETFs have recorded their strongest net inflows in nine months. After suffering three months of declines, the assets under management (AUM) of Australia’s ETF industry rose by 4. 8 per c ....