The company operates a sliding fee structure ranging between 35bps and 65bps, depending on the size of the clients’ assets, which means it is impossible to work out its assets under management (AUM) at that snapshot in time. But an average of 50bps would put AUM at £6.8 million. CEO Charlotte Ransom (pictured) has said it would require £1.8 billion to turn cash flow positive, putting a potential five to six-year timeframe on this. It is still early days for Netwealth.
The group recorded £0.5 billion of net inflows in the fourth quarter, reporting that inflows into its absolute return, fixed income and multi-asset strategies partially offset outflows from its Merlin fund of funds range. Jupiter said it had net inflows across all geographic regions, with Continental Europe the biggest contributor, while its segregate mandate pipeline saw ‘meaningful inflows during the quarter’.
In a brief stock market update, the group said this ‘pleasing’ performance led to net performance fees surging to £15 million in the final three quarters of 2017, compared to £1.2 million over the same period in 2016. The group, led by chief executive Gavin Rochussen (pictured), said its AUM now breaks down as £10.5 billion in long-only funds, with £1.2 billion in alternative mandates.
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".