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Showing 1021 - 1030 of 22064 results for "Business"

BlackRock sets new AUM record

KARREN VERGARA  |  WEDNESDAY, 16 JUL 2025
... public and private markets across asset management and technology," he said. Some 42% of total AUM sit in the iShares ETF business. About 27% of it comes from institutional investors and 24% from retail investors. About US$152 billion of year-to-date ...

Stop delaying Payday Super laws, says SMC

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
... are unaware of the looming payday super obligations. SMC would like to see the seven calendar day rule changed to seven business days, a phased approach to enforcement, and allowing employers to validate super account details at any time to avoid del ...

HUB24 reports record $136bn FUA

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
... to HUB24 and have now finalised. FUA also surged thanks to its takeover of ClearView's superannuation and pension business, WealthFoundations, which brings $1.3 billion in FUA. "Our record FY25 net inflows and ongoing momentum reflect strong customer ...

Pinnacle continues North America expansion with new recruit

MATTHEW WAI  |  TUESDAY, 15 JUL 2025
... "uniquely" positioned to attract talent from across the world, while highlighting the opportunities presenting in Canada. "Our business model offers high quality investment boutiques the scale and support typically beyond the reach of standalone or start-up ...

MA Financial gives $200m to legal finance platform

MATTHEW WAI  |  TUESDAY, 15 JUL 2025
... four institutional credit funds submitting term sheets, highlighting the strength of JustFund's growth trajectory and business fundamentals, JustFund said. Carroll said the facility is a "vote of confidence" in its model, while recognising the issues ...

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... director of tax Antony Cheung said the removal of section 899 was welcomed by Australian groups that invest and conduct business in the US. "This is particularly relevant for superannuation funds taxed at 15% in Australia, where the additional US tax ...

Betashares acquires InvestSense, launches Trellia Wealth Partners

KARREN VERGARA  |  MONDAY, 14 JUL 2025
Betashares is acquiring managed accounts business InvestSense to create Trellia Wealth Partners out of the deal. Trellia will have about $8 billion in funds under management and will operate as a standalone business, of which Betashares will contribute ...

Superannuation is Australia's 'productivity engine': ASFA

MATTHEW WAI  |  MONDAY, 14 JUL 2025
The Association of Superannuation Funds of Australia (ASFA) said Australia's superannuation sector provides a fundamental contribution towards the nation's growth, but argues there is more that needs to be done. ASFA has released The Impact and Opportunity ...

BNP Paribas names two new global heads

ELIZA BAVIN  |  FRIDAY, 11 JUL 2025
... (AXA IM) on July 1, BNP Paribas Asset Management (BNPP AM) has named two new global heads for the combined alternatives business. Isabelle Scemama will lead the combined alternatives capabilities, across AXA IM Alts, AXA IM Prime, BNPP REIM and BNPP ...

James Mawhinney contravened law: Federal Court

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... suspended. Furthermore, Judge Button found that another one of his companies, IPO Capital, carried on a financial services business from 2016 to December 2017 without an AFSL. Ultimately, Mawhinney was associated with or involved in the above contraventions ...