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Showing 1011 - 1020 of 17436 results for "Billion"

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
... before victims receive any distributions, and "the final distribution may take many years." In all, it's estimated $1.2 billion in retirement savings has disappeared. While many who were defrauded have lodged formal complaints with the Australian ...

Macquarie considered acquiring Carlyle: Reports

ELIZA BAVIN  |  THURSDAY, 18 SEP 2025
... request for comment. Macquarie sold its European and North American public investments business to Nomura in April for $2.8 billion. Macquarie said it would retain its public investments business in its home market of Australia and continue to operate ...

Aura Group explores ASX listing, appoints advisers

RIDDHIMA TALWANI  |  THURSDAY, 18 SEP 2025
... continue to expand our platform and capabilities," Aura co-founder and managing director Calvin Ng said. With more than $1.3 billion in funds under management and advice, the alternative fund manager offers venture capital, private equity, digital assets ...

Greece launches new innovation, infrastructure fund

JAMIE WILLIAMSON  |  WEDNESDAY, 17 SEP 2025
... sovereign wealth fund. The development of the fund has been in the works for some time, with Greece looking to raise €5 billion as part of its economic recovery plan. BlackRock Financial Markets Advisory was appointed in 2023 to advise Greece on how ...

Brighter Super investments chief to step down

KARREN VERGARA  |  WEDNESDAY, 17 SEP 2025
... 40-year career in finance. Brighter Super chief executive Kate Farrar thanked Rider for his leadership in constructing a $35 billion portfolio following the merger of LGIAsuper and Energy Super and the acquisition of Suncorp Super. "Mark has done an ...

Supply and demand dynamics shift PE secondaries landscape: bfinance

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... volume in 2024 compared to 2023, and the volume in the first half of 2025 remains strong with deals reaching over US$100 billion over the period, the report said. In the segment, investors can access secondaries directly or through various fund types ...

Zenith names portfolio solutions lead

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
... governance practices in an increasingly complex and regulated environment." Zenith's portfolio solutions business has nearly $6 billion in funds under management. Zenith general manager and group head of product and data Matthew Warren said: "During ...

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
... processed. Cbus estimated the financial loss impacting members came to about $20 million. As part of the overhaul, the $101 billion super fund will change its trust deed to introduce digital non-lapsing binding beneficiary nominations. The option to ...

Aware Super makes fee changes

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... Balances Socially Conscious rose from 0.35% to 0.37% and Conservative Socially Conscious rose from 0.27% to 0.29%. The $200 billion super fund also said administration fees and costs for the last financial year to June 30 included a drawdown from the ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail and institutional businesses. The lion's ...