BTT Surprises with a Strong FUM for September Quarter. FVE Increased to AUD 9.50
BTT Investment Management’s funds under management, or FUM, update for 30 September surprised with a strong increase in FUM to AUD 84 billion up from AUD 79.7 billion at 30 June 2016. We increase our earnings forecasts and short-term FUM growth forecasts resulting in a 12% increase in our fair value estimate to AUD 9.50.Surprisingly, the Brexit vote in June and the confusing political aftermath doesn’t seem to have had the negative impact we expected on inflows and performance. The September qu...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.