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Showing 1391 - 1400 of 17436 results for "Billion"

Apex awarded $2.3bn fund admin mandate

MATTHEW WAI  |  MONDAY, 14 APR 2025
... regimes, it said. The announcement follows a mandate for Apex's superannuation business to administer Diversa Trustees $7 billion master trust business at the start of the month. Under the agreement, Mutual Limited's adviser network will benefit from ...

GSFM, Munro branch out to New Zealand

KARREN VERGARA  |  MONDAY, 14 APR 2025
... partner's strategies, as many of them are well placed to meet the needs of this market." GSFM currently has about $10.6 billion in funds under management.

AMP shareholders approve executive pay

KARREN VERGARA  |  MONDAY, 14 APR 2025
... past three years. EPS also benefited from a 22% reduction in shares due to our on-market share buyback, part of our $1.1 billion capital return program," she said. During the year, AMP offloaded its advice licensees and support service business to Entireti ...

Taxes and housing dominate election race

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... loan guarantee to purchase a property with just a 5% deposit. Additionally, Albanese said the government will invest $10 billion to build 100,000 new homes reserved for first home buyers. Meanwhile, the Coalition said, if elected, it will allow first ...

Northern Trust survey reveals what's testing asset owners

ANDREW MCKEAN  |  MONDAY, 14 APR 2025
... offices, sovereign wealth funds, and endowments across North America, EMEA, and APAC, with portfolios ranging from US$1 billion to US$500 billion. Optimising asset allocation emerged as the uppermost internal investment concern over the coming year ...

Future Group positions super offerings for growth

JAMIE WILLIAMSON  |  FRIDAY, 11 APR 2025
... Super and Verve Super platforms as we respond to members interests." As at December 2024, Future Super held about $2.46 billion in funds under management on behalf of 58,542 members. Verve Super has about $270 million in assets and close to 7000 members. ...

IFM Investors fills executive post after global hunt

ANDREW MCKEAN  |  FRIDAY, 11 APR 2025
... us towards even greater success," Neal said. IFM Investors, which is owned by local industry super funds, manages $232 billion across infrastructure, debt, listed equities, and private equity. It invests on behalf of 745 institutional investors globa ...

Short-term noise reinforces long-term investment thinking: ART

KARREN VERGARA  |  FRIDAY, 11 APR 2025
Australian Retirement Trust (ART) says it will not be derailed by the short-term noise coming from global trade tensions and heightened risks of a recession but remain steadfast in how it will position members' savings for the long term. Speaking at ...

Top ART executives depart in reshuffle

ELIZABETH FRY  |  THURSDAY, 10 APR 2025
... at ART for six years and previously spent 11 years at Sunsuper before it merged with QSuper in 2022 to create the $300 billion megafund. He joined from RHB OSK Asset Management, a Malaysian fund manager based in Singapore, where he served as chief executive. ...

Aware Super names portfolio and construction lead

ELIZABETH FRY  |  THURSDAY, 10 APR 2025
... team. Michael Stavropoulos, who also holds the title of senior portfolio manager, has joined a team that manages $100 billion on behalf of Aware Super's 1.15 million members. This team is responsible for capital allocation, portfolio construction ...