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

Search Results

Showing 1251 - 1260 of 17436 results for "Billion"

Capstone appoints former licensee head to new role

MATTHEW WAI  |  THURSDAY, 5 JUN 2025
... from strength to strength," he said. Established in 2002, Capstone is a privately owned licensee has approximately $14 billion of funds under advice and houses a complete suite of business support services for advisers.

Private credit market has lenders sweating

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
... estate space. Australia's private lending market has grown substantially, with assets under management rising from $57.1 billion in 2014 to $148.6 billion in last year, nearly tripling over the decade, according to ASIC. Stamford Capital managing director ...

Australian Ethical names head of equities

MATTHEW WAI  |  THURSDAY, 5 JUN 2025
The $13 billion fund manager is welcoming a former Perpetual executive to its investment team. Nathan Parkin has been appointed head of equities, effective June 13, and will play a critical role in steering the ethical manager's investment performance. ...

Netwealth chair to retire, successor appointed

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
... Michael Heine noted that since his appointment as a director, the firm's funds under administration had grown from $7 billion to $104.1 billion as of March 31 and that staff numbers increased to over 660. Heine also said that Antonie's banking experience ...

New Forests sees potential in Vietnamese timber

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
... emerging markets Geoffrey Seeto said. "Vietnam remains a key player in the global wood industry, recording close to US$4 billion in wood product exports in the first quarter of 2025 with key exports including wooden furniture, pellets, woodchips, plywood ...

SS&C lands mandate from local boutique fund services provider

ANDREW MCKEAN  |  WEDNESDAY, 4 JUN 2025
... services provider to investment managers in Australia to support its fund services operations. Fundhost, which has $2 billion in assets under management, provides responsible entity, trustee, fund administration, registry, operations and support services ...

Australia's billionaire boom branded 'morally wrong' by Oxfam

ANDREW MCKEAN  |  TUESDAY, 3 JUN 2025
... Review Rich List. Its analysis exposed that the total wealth of Australia's 200 richest people has grown by 160% to $667.8 billion over the past decade. Property is the primary engine of their riches, followed by retail, investments, and mining/resources. ...

Touchstone closes flagship fund

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... was in investors' best interests to close the fund." Touchstone, however, continues to actively manage more than $1 billion of Australian equities for direct, advised and institutional clients with no changes to personnel or its investment strategy. ...

LGT Crestone, AUSIEX acquisitions finalised

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... the counter (OTC) domestic and international fixed income products with the acquisition of FIIG. FIIG has more than $5 billion of funds under advice (FUA), providing direct access to bond markets, term deposits and other cash solutions. AUSIEX chief ...

Perpetual promotes two to strengthen fixed income team

MATTHEW WAI  |  TUESDAY, 3 JUN 2025
... enormous." Perpetual's credit & fixed income team comprises of eight investment professionals managing more than $8 billion in funds under management.