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Showing 1261 - 1270 of 17429 results for "Billion"

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
... pension schemes (LGPS) and more than a dozen multi-employer defined contribution pension funds that collectively manage $822 billion (£392bn) in assets. The ruling Labour Party's Treasury wants to consolidate the LGPS funds from 86 to six "megafunds" ...

Aware Super recruits Marsh McLennan risk specialist

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
... risk management and compliance team with a senior hire from Marsh McLennan, the global risk and insurance giant. The $200 billion industry fund has appointed Norlena Brouwer as head of business risk and compliance for enablement, transformation and performance. ...

Russell Investments names investment head for APAC

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
... London to Sydney. Pease will report to Jon Eggins who heads up portfolio management at Russell Investments which has $US300 billion in assets under management and $US1 trillion under advice. His mandate includes enhancing the alignment between global ...

Quality over quantity: CareSuper on mergers

JAMIE WILLIAMSON  |  THURSDAY, 29 MAY 2025
... looking to make a habit of it. On November 1, CareSuper and Spirit Super finalised their merger, creating what is now a $56 billion fund with more than 580,000 members, and taking on the heritage CareSuper brand. A few short weeks later, the merged entity ...

BlackRock to list its first active ETF in Australia

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
... achieved a 10.8% return over the past year and a 19.4% annualised return over five years to March end. It has some US$17.4 billion in assets under management. BlackRock head of investments for enhanced factors Philip Hodges, who is also the portfolio ...

Industry funds feast, retail funds snack, corporate funds freefall

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
... without breaking into a sprint, while corporate funds retreated further. Industry funds expanded their war chest by $136 billion, retail funds added $45.6 billion, while corporate funds continued their retreat, shedding $10.3 billion, according to the ...

QIC completes equity raise, refinancing for energy platform

MATTHEW WAI  |  WEDNESDAY, 28 MAY 2025
QIC has completed a $370 million equity raise and $1.6 billion debt refinancing for Pacific Energy Group (PEG) for a contracted capacity of 946 megawatts (MW) across 48 sites. The equity commitments came from investors across Australia, Asia and North ...

SS&C extends super fund partnership

MATTHEW WAI  |  WEDNESDAY, 28 MAY 2025
... Union of Western Australia and the Western Australian Volunteer Fire and Rescue Services Association. It has close to $1 billion in funds under management on behalf of some 2500 members.

Centuria divests three industrial assets

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
... the sale of Stapylton, while Colliers managed the transactions for Salisbury and Heathwood. Centuria manages over $6.2 billion of industrial assets across Australian and New Zealand.

La Trobe debuts first ASX-listed investment product

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
La Trobe Financial, the Brookfield-owned alternative asset manager with $20 billion in assets under management, has launched its first fund on the ASX. The IPO seeks to raise between $100 million and $300 million, with units priced at $2.00. La Trobe ...