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| | | ... ended," Perpetual said. KKR was hoping to secure Perpetual's wealth management and corporate trust businesses for $2.18 billion. The independent expert hired to assess the tax liability has now concluded that the deal "is not in the best interests ... |
| | | | ... growing New York team gives it local insight and access to the best investment opportunities for members. "We have $83 billion already invested in the US. Its diverse and sophisticated economy presents an unparalleled opportunity to help more Australians ... |
| | | | ... to provide its members with personal advice on superannuation, insurance, investments, and retirement options. The $149 billion industry fund said the partnership expands its financial advice offering to the "missing middle" of members who wouldn't ordinarily ... |
| | | | ... and 11 May 2023. Some 42,551 beneficiaries were affected. ASIC instigated action in October 2024, alleging that the $360 billion super fund's misdeeds stretched back to 10 years. AustralianSuper admitted that, between 1 July 2013 and 19 June 2022 ... |
| | | | Aware Super has added a new associate portfolio manager to its infrastructure team. In the new role at the $190 billion superannuation fund, Sue Jiang is responsible for the origination of new investment opportunities and managing the existing investments ... |
| | | | ... appointment of Stephen McKay as its chief commercial officer. McKay was appointed in an interim capacity last July when the $300 billion super fund overhauled its senior management team. He replaced long-tenured chief commercial officer Dave Woodall ... |
| | | | ... expenses dropping slightly by 7% to $482 million. Average funds under management and administration rose 8.6% to $320 billion. Its Advice business recorded an underlying net profit after tax (UNPAT) of $11.8 million, while revenues grew more than 4.4% ... |
| | | | ... launch comes as the fixed income ETF market in Australia continues to grow, with AUM more than doubling in size to $28 billion in 2024, according to the ASX. It has become the third-largest ETF asset class after international and Australian equities. ... |
| | | | ... 2024, according to a new report from Class. The total value of the net assets administered on Class grew by 9.2% to $355.9 billion across 184,830 SMSFs throughout the period. Despite a slight decline from 52.6% to 51.9%, Generation X, born between 1965 ... |
| | | | HUB24 expects its $121 billion in funds under administration (FUA) to surge even further as it takes on ClearView's superannuation and pension business, WealthFoundations. WealthFoundations will bring $1.3 billion in FUA via a successor fund transfer ... |
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