Australian Wealth Management

Australian Wealth Management (AUW)

Stock Code

AUW

Stock Exchange

ax

Australian Wealth Management (AUW) is a specialist in the provision of financial services to retail and wholesale customers in Australia. AUW listed on the ASX on 15th of February, 2005. In May 2006, AUW amalgamated with Select Managed Funds thus expanding its portfolio of operations to include Funds Under Management, Administration, Advice and Supervision (FUMAS) and geographical footprint. As at fiscal 2008, the Company held $60.4 billion in FUMAS.

Australian Wealth Management (AUW) News Update


Here is an update on the Australian Wealth Management (AUW) provided by Australian market analyst UBS.

Australian Wealth Management (AUW) Markets impact Q108 FUM, Q2 looking flat

Retail FUM down 9% in the quarter:

Australian Wealth Management (AUW) Shares Recommendation


Credit Suisse have rated the Australian Wealth Management (AUW) stock as Underperform. In the broker's opinion, recent share price falls do not present any opportunities to the investor as the share price at current levels still reflect synergies as a result of the SEM merger while not yet having achieved them as of yet.

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