Premier had reported an PS100m drop in assets under management
, which fell to PS6.7bn for the year ending 30 June.
The company assets under management
equivalent as at June 30 was USD58.3 billion, up from USD57.3 billion at March 31.
The money manager's assets under management
fell $121.5 billion to $962.3 billion during a quarter that saw significant swings in the equity markets, capping a year of renewed volatility after about a decade of steady growth.
Private banker, Vontobel Holding AG (VONN:SIX Swiss Ex) has increased its assets under management
(AUM) by almost a fifth this year.
Dubai: Afkar Capital Limited, the Abu Dhabi-based asset management firm, said on Monday they will liquidate their underlying holdings in UAETF with assets under management
of Dh8 million as of close on July 23.
As of March 31, 2018, HNP had approximately $334 million of assets under management
Should assets under management
display sustainable growth, risk-adjusted results are maintained over a long period, and if the firm's assets and client base become more diversified, the assessment could be improved.
"For mutual funds that is available publicly, the rate is already P83 billion (in) assets under management
. It's over (our target).
The SEC, however, maintains that the advisor never had any clients or assets under management
MUTUAL FUNDS INDUSTRY SIZE - ASSETS UNDER MANAGEMENT
With the acquisition of Royal Bank of Canada (Suisse) SA, the assets under management
of the private banking business of SYZ Group will double, reaching nearly CHF 22bn and making it one of the top 20 largest private banks in Switzerland.