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Showing 1401 - 1410 of 17429 results for "Billion"

Cbus plays it steady amid rocky start to the year

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... past three months, and that when markets mean revert, the story can change a lot. Here's how he's positioning the $100 billion industry fund. Since joining Cbus in October 2023, Gavin said the fund's investment philosophy is much the same as it was when ...

GQG rejigs allocations amid tariff pain

KARREN VERGARA  |  WEDNESDAY, 9 APR 2025
... change over time, and it may do so meaningfully over short periods," the fund manager said. Net inflows amounted to US$1.8 billion in the month of March and US$4.6 billion for the first quarter of 2025. Total funds under management reached US$161.9 billion ...

Trade war rattles pre-election economic outlook

KARREN VERGARA  |  TUESDAY, 8 APR 2025
... commodity prices were to persist, this would have implications for nominal GDP and revenue." Australia exported US$13.4 billion worth of goods to the US in 2023, according to the Observatory of Economic Complexity. The majority amounted to US$2.9 billion ...

Fitzpatricks names head of product

KARREN VERGARA  |  TUESDAY, 8 APR 2025
... because we're small. It's just a wonderful example of partnering with groups like Russell." Atrium has more than $2 billion in funds under management invested for advisers, high-net-worth individuals and not-for-profit organisations. Fairweather ...

Tariff impact on super 'profoundly worrying'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
The ASX 200 shed more than $100 billion in a single session yesterday as markets were rocked by US President Donald Trump's newly imposed tariffs. H&R Block director of tax communications Mark Chapman said the volatility will be felt for a long time. ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
... determined by a fund's size multiplied by the Total Cost Ratio. Mercer, which runs dozens of managed funds with $73.8 billion in funds under management (FUM), topped the list for annual fee revenue, raking in $395 million in 2024. "For Mercer Funds ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
... the partnership was extended for MS Primary to provide Challenger Life an annual amount of reinsurance of at least ¥50 billion per year ($490m) for the next five years. Challenger managing director and chief executive Nick Hamilton said that "Challenger ...

Super fund growth: The winners and losers

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
AustralianSuper has kept its position as the fastest growing super fund by net asset growth, adding $43 billion into its coffers in FY2024. Australian Retirement Trust (ART) followed closely, according to the Conexus Institute's State of Super 2025 ...

WTL mergers three advice firms amid joint venture

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... joined forces with Coastal Advice Group. It has partnered with more than 100 global firms that collectively manage $350 billion in assets.

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
Apex Group has won a mandate to administer Diversa Trustees' $7 billion master trust business. Diversa will use Apex Superannuation going forward, part of which means utilising Iress' Acurity platform. Iress offloaded its superannuation business to ...