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Showing 1451 - 1460 of 17429 results for "Billion"

JANA hires Mercer principal

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
... working with our clients to develop investment strategies that meet their long-term goals." JANA Wealth advises on over $15 billion in assets, including $2.8 billion in managed accounts. Partnering with wealth managers, advice practices, and family offices ...

MaxCap names chief risk officer

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
... meltdown, Arabatzis had warned the market about its exposure to US collateralised debt obligations. At the time, almost $100 billion of RMBSs had been issued in Australia, of which 80% were placed in overseas and US CDOs. NAB eventually took write-downs ...

Canada pension fund hires ex-CalPERS CIO

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
... confirmed the appointment of Ben Meng as head of investment portfolio management. The CPPIB, which manages around US$486 billion of assets, recruited Meng from Franklin Templeton. At Franklin Templeton, Meng was chair of the Asia Pacific region, executive ...

Study finds 5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON  |  THURSDAY, 20 MAR 2025
... European ESG funds, non-government organisations Urgewald and Facing Finance found 4792 had collectively invested about $212 billion (€123bn) into companies that are either actively ramping up production of oil, gas and coal, or lack a Paris-aligned ...

BlackRock rebalance sparks record-high ETF trades on ASX

KARREN VERGARA  |  THURSDAY, 20 MAR 2025
The ASX recorded its biggest-ever ETF market turnover in a day earlier this month, hitting a whopping $2 billion on March 6, largely thanks to BlackRock reducing its equities exposure and shoring up defensive assets within its model portfolios. The ...

CFS awards fixed income mandate

ELIZA BAVIN  |  THURSDAY, 20 MAR 2025
... systematic equities and credit investment manager of Man Group, with an initial allocation made in Q4 2024 of more than $1 billion in a strategy benchmarked to the Bloomberg Global Aggregate Index. CFS chief investment officer Jonathan Armitage said ...

Super fund consolidation to accelerate: Mercer

ANDREW MCKEAN  |  THURSDAY, 20 MAR 2025
... driven primarily by the consolidation of smaller funds, with all but one of the exited funds managing assets above $10 billion. Over the next decade, Mercer expects this consolidation to "continue and accelerate," forecasting a reduction to approximately ...

CFS Edge, North enhance platform capabilities

MATTHEW WAI  |  THURSDAY, 20 MAR 2025
... ClearBridge, and Lazard Asset Management, bringing the total number of MAs on the platform to more than 170 with over $16 billion invested across the Edge and FirstChoice platforms, CFS said. Meanwhile, the Accelerate Series menu now includes new portfolios ...

Skills gap crisis costing Australia $3.5bn a year

ELIZA BAVIN  |  WEDNESDAY, 19 MAR 2025
... the value chain. This reflects recent research that found the Australian skills gap crisis is costing the country $3.5 billion a year, or $9 million a day. The OECD estimates that, by 2028, the global job skills gap will cost US$11.5 trillion. Year13 ...

CEFC funds sustainable real estate credit projects

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAR 2025
... debt finance in the Australian market." Given Australia's commercial real estate debt market is now around the $450 billion mark, it has a vital role to play in the climate transition, using its size and liquidity to influence outcomes, CEFC head ...