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Showing 111 - 120 of 468 results for "AUM"

HMC Capital makes $400m acquisition

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
... located in North America. These acquisitions will seed an ASX-listed DigiCo Infrastructure REIT 2 with $4 billion or more of AUM. The fresh acquisition will be made through $150 million in upfront cash and $250 million of scrip in the DigiCo REIT IPO ...

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
The fund manager's share price took a massive hit on the back of $6 billion (£3.1bn) in outflows in the third quarter. While abrdn's assets under management and administration (AUMA) grew 2% on the prior corresponding period, the outflows in its institutional ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... equity grant was approved with 96% of votes. Meanwhile, the bull market bolstered Perpetual's assets under management (AUM) to $222.3 billion, up from $215 billion in June. Market movements totalled $12.7 billion while net inflows were positive at ...

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... independent financial advisers were up 47% for the quarter to $832 million. This has brought platform assets under management (AUM) to $78.1 billion, up from $74.7 billion in Q2. AMP's superannuation and investments business for AUM increase to $55.8 ...

High-profile Tribeca manager sets up shop

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... investors pulled out more than $600 million from Tribeca Alpha Plus, dipping as low as $331 million in assets under management (AUM) at the end of June 2019. Under Liu's leadership, the fund has returned more than 26% p.a. recently and has $1.45 ...

Ares buys GCP International in $5.5bn deal

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
... will acquire the international business of GLP Capital Partners and certain affiliates, boosting its assets under management (AUM) by $65 billion (US$44bn). The business, known as GCP International, is being bought for $5.5 billion (US$3.7bn) in what ...

Alternatives market to hit US$30tn by 2030: Preqin

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
The global alternatives industry is on track to reach US$29.2 trillion in assets under management (AUM) by 2029, with private equities set to more than double throughout the period, Preqin said. The growth signifies an annualised increase of 9.7% for ...

New global chiefs for abrdn, Schroders

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... success." Ian Jenkins will continue as group chief financial officer. abrdn had £506 billion ($995bn) in assets under management (AUM) at the end of June. Meanwhile, the new global chief executive of Schroders followed a similar career trajectory. The ...

ASX-listed firm invests with Osmosis

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... water and waste," he said. The new mandate with Evans and Partners brings Osmosis' ex-fossil fuel assets under management (AUM) to more than US$1.6 billion ($2.3bn). "By maintaining tight country, industry, and sector weights to the benchmark the ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... Fund, with only about US$10 billion now separating them. The report explained that, in 2023, the top 300 pension funds' AUM increased by 10% to US$22.6 trillion up US$2 trillion year on year, as markets stabilised. In 2022, total assets fell 13%. ...