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Showing 1411 - 1420 of 17436 results for "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 ...

Barings expands local wealth team

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
Barings, the US$421 billion global asset manager, has recruited a sales director to help support its growth into the local wealth market. John Nicoll joins a growing Australian Sales team with 90 private credit, real estate and structured finance staffers ...

Pendal's Blayney lands at HESTA

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... portfolio design Dianne Sandoval, the high-profile Blayney will lead the dynamic asset allocation team, which delivers the $93 billion super fund's dynamic asset allocation investment strategy. Blayney brings a wealth of experience to the $93 billion ...

Genium adds two staffers

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... analyst at PSK Private Wealth. Genium has existing consulting clients servicing over 400 advisers and managing more than $25 billion in funds under advice, including approximately $6 billion in managed accounts.