Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 17089 results for "Billion"

Pengana plots AI-focused LIT launch

KARREN VERGARA  |  MONDAY, 4 MAY 2026
... determination (TMD) issued in relation to units in the proposed trust)." At the end of March, ASX-listed Pengana had $3.6 billion in assets under management, down 9% from the end of December. Pengana recently entered into an agreement with Antipodes ...

Lazard AM launches emerging market fund to retail sector

KARREN VERGARA  |  MONDAY, 4 MAY 2026
... which is also managed by the equity advantage team, as an Australian unit trust last November. LAM manages about $379 billion of client assets globally. Parent company Lazard announced last week it entered into an agreement to acquire Campbell Lutyens ...

Clime Investment offloads SMA business

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
... believes these changes provide a strong foundation for scalable growth and long-term shareholder value." Clime had $1.5 billion in funds under management at the end of March.

Betashares debuts Australia's first space ETF

RIDDHIMA TALWANI  |  FRIDAY, 1 MAY 2026
... core exposures as a thematic allocation within a diversified portfolio. Globally, space-related ETFs manage about $4.45 billion in funds under management and have attracted roughly $2.1 billion in flows since the start of the year. Global X recently ...

TPD and disability claims behind 88% of life insurance disputes

RIDDHIMA TALWANI  |  THURSDAY, 30 APR 2026
... Insurers (CALI) found mental health was the leading cause of TPD claims, making up almost one in three claims paid. The $2.2 billion paid in 2024 in retail mental health claims nearly doubled the amount recorded five years ago. Further, mental ill health ...

Major UK pension reforms passed

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2026
... justify their existence, and it was expected this pressure to consolidate was going to then be placed on larger but sub-$10 billion funds.

IFM expands UK presence with acquisitions

MATTHEW WAI  |  THURSDAY, 30 APR 2026
... further enhance its presence across the UK infrastructure and renewable energy markets. The announcement also follows a $7 billion takeover bid for the toll road operator Atlas Arteria a few days prior. IFM currently owns 50% stake in Nala Renewables ...

Insignia Financial delists from ASX

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2026
... Partners by an overwhelming majority of 98.65%. Shareholders received $4.80 cash per share, valuing the company at $3.3 billion. Insignia chair Allan Griffiths said he was pleased with the strong level of shareholder support for the Scheme of Arrangement. ...

Pacific Equity Partners makes unsolicited bid for oOh!media

RIDDHIMA TALWANI  |  WEDNESDAY, 29 APR 2026
... changes in the final share capital or undisclosed liabilities. PEP is Australia's largest private markets firm with $18 billion in assets under management. oOh!media reported a revenue of $691.4 million in 2025, with adjusted profits coming in at $63 ...

Canada launches first sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 29 APR 2026
... Canada Strong Fund will invest in nation-building projects, with a seed investment from the Canadian government of $25 billion. It will also launch a retail investment product. Canadian Prime Minister Mark Carney announced the launch of the Canada Strong ...