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Showing 1151 - 1160 of 17429 results for "Billion"

1MDB mastermind found in Shanghai with Aussie passport: Reports

JAMIE WILLIAMSON  |  MONDAY, 21 JUL 2025
... passport in that name. Low is accused of being the mastermind behind a major money laundering scheme that saw close to $7 billion stolen from 1 Malaysia Development Berhad (1MDB), the sovereign wealth fund he helped former Malaysian prime minister Najib ...

North inflows jump 60%

KARREN VERGARA  |  MONDAY, 21 JUL 2025
AMP's North platform saw net inflows jump 60% in the last financial year, with $1.7 billion of client money reported in the June quarter. Total assets under management (AUM) for the platforms business, which includes Asgard platform products issued ...

Aware Super completes $1bn of acquisitions

ELIZA BAVIN  |  MONDAY, 21 JUL 2025
... through its strategic partnership with Delancey Real Estate in the DARE platform, for a combined value of around $1.03 billion (£500m ). Aware Super said DARE's maiden acquisitions capitalise on the current dislocation in the capital markets and the ...

Macquarie AM closes $6bn European infra strategy

MATTHEW WAI  |  FRIDAY, 18 JUL 2025
Macquarie Asset Management has raised a total of €3.5 billion ($6.3bn) at the final close of its first dedicated European infrastructure debt fund. The Macquarie European Infrastructure Debt Fund (MEID) has raised €1.2 billion ($2.1bn) upon the ...

Alternatives stable pushes Navigator assets higher

KARREN VERGARA  |  FRIDAY, 18 JUL 2025
... Investments' (NGI) performance as its stable of active, alternative strategies saw assets under management (AUM) jump to US$86 billion at the end of June. While the global fundraising landscape remained challenging through the first six months of ...

Lendlease awarded Malaysian pension fund mandate

MATTHEW WAI  |  FRIDAY, 18 JUL 2025
The $50 billion investment manager was awarded a mandate to look after a flagship initiative by Malaysia's largest public sector pension fund, Kumpulan Wang Persaraan (KWAP). With $181 million (RM500m) in committed capital, Lendlease can potentially ...

Hostplus closes two investment options

ELIZA BAVIN  |  FRIDAY, 18 JUL 2025
Hostplus said it plans to shutter two investment options, effective 30 September 2025. The $128 billion super fund will close the International Shares - Emerging Markets and the International Shares (Hedged) - Indexed options. Hostplus said it is closing ...

Elston expands institutional reach

ELIZABETH FRY  |  THURSDAY, 17 JUL 2025
... and I'm looking forward to sharing that story with a broader audience of institutional investors." Elston manages $8 billion for retail, wholesale and not-for-profit investors. The fund works with over 750 advisers nationally, providing managed account ...

Super moves: Aware Super, Australian Retirement Trust

ELIZABETH FRY  |  THURSDAY, 17 JUL 2025
... education. Before that, she drove ESG strategy and served as ESG committee chair at ASX-listed Elanor Investors, a $6 billion real estate investment company. Young-Ferris also held an adjunct professorship at the University of Sydney Business School ...

Australian Ethical FUM grows 34%

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... outflows of $71 million relating to the Altius business. Australian Ethical said the acquisition of Altius contributed $1.93 billion of inorganic FUM as well as strong fixed income capability. Investment performance contributed $591million to Q4 FUM. ...