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Showing 1521 - 1530 of 17436 results for "Billion"

Australian Ethical delivers strong half-year results

MATTHEW WAI  |  THURSDAY, 27 FEB 2025
... 35% to $11.5 million, and as previously mentioned, the ethical manager reached funds under management (FUM) of $13.26 billion in January, a 27% increase on the first half of 2024. Its superannuation sector reported positive net flows of $194 million ...

Chalmers looks to trade super pool for minerals with US

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... opportunities that lie before us," he said. "The current value of Australian super fund investments in the US is around $400 billion - due to reach $1 trillion over the next decade. "So, Australia's superannuation sector has the size, scale and presence ...

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... and property. The staggering growth of private capital funds nearly tripled over the past decade, increasing from $57.1 billion in 2014 to $148.6 billion in March 2024, ASIC said. Private equity and real estate accounted for the largest portions of Australia-focused ...

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... and valuation reporting services for Generation Life. With the new remit, Northern Trust will provide support to $1.5 billion ( as of 31 January 2025 ) of Generation Life's portfolio assets, including domestic and international equities, bonds, FX, and ...

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... down 18% from the December 2023 half, and a profit margin of 43%. Funds under management as at 31 December 2024 was $11.1 billion, representing a decrease of 15% from the 30 June 2024 half, impacted by net outflows of $2.5 billion. The company said it ...

Technology optimises family office performance: KPMG

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... About one quarter had assets between $250 million and $500 million, while a similar number had between $500 million and $2 billion. The average number of staff working in the family office was 7.4, including 1.36 family members.

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... companies, with a standout thematic being their investment in artificial intelligence. He pointed to Meta's planned $65 billion in capital expenditure over the next year and Google's $75 billion, noting that with their "massive cash reserves," they don't ...

Praemium hunts for new chief financial officer

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... profit after tax of $5.8 million, up 45% to the prior corresponding period. Funds under administration rose 29% to $62.1 billion. Platform FUA came in at $30.2 billion, including $4.2 billion from OneVue. "This is an outstanding continuation of the momentum ...

Cbus appoints deputy investment chief

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... deliver on our current strategy and turning an eye to what the next 10 or 20 years will look like," Gavin said. The $100 billion industry fund has made a slew of executive changes in recent years. It recently lost its head of ESG Talieh Williams to BGH ...

Super fund investment in US to skyrocket

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
... "Large institutional pension funds are now investing nearly half their assets in international markets, with nearly $800 billion currently invested outside of Australia." The report found that international investments from Australian super funds has ...