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Showing 1541 - 1550 of 17429 results for "Billion"

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
Fiducian Group reported an 11% increase in funds under management, administration, and advice (FUMAA) to $14.4 billion thanks to improved inflows and the steady rise of the financial markets. The funds management business saw assets grow by 16% in the ...

GQG records US$1.7bn net flows in January

MATTHEW WAI  |  MONDAY, 17 FEB 2025
GQG Partners has recorded US$1.7 billion net flows in January, bringing its total funds under management to US$160.4 billion. The firm recorded US$20.2 billion net flows throughout last year, nearly doubling its net flows of US$10.2 billion in 2023. ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... momentum and focuses firmly on growth. "We sold and transitioned the Advice business, hit cost targets and completed our $1.1 billion capital return program. Our wealth businesses are competing strongly in their chosen markets, driving positive performance ...

Australian Retirement Trust, Qantas Super set merger date

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... said ART's focus remains on successfully finalising the Qantas Super SFT. More than 25,000 members and approximately $9 billion in funds under management will move from Qantas Super to ART. Qantas Super chair John Atkin said he is confident the transfer ...

Brookfield subsidiary launches credit fund locally

KARREN VERGARA  |  FRIDAY, 14 FEB 2025
... liquidity. Brookfield acquired a majority stake of 62% in Oaktree Capital Group in 2019, combining assets worth US$475 billion at the time. They formed Brookfield Oaktree Wealth Solutions two years later. Brookfield has US$1 trillion in assets under ...

EQT brings new strategy to Australia

MATTHEW WAI  |  FRIDAY, 14 FEB 2025
... EQT Nexus Infrastructure. The evergreen strategy provides access to a diversified set of strategies across EQT's €75 billion global infrastructure business, including the Value-Add Infrastructure, Active Core Infrastructure, and Transition Infrastructure ...

Institutional sales exec exits Ares Management

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... oversees institutional client management for Hong Kong, Southeast Asia, Australia and New Zealand. Before joining the US$352 billion alternative investment manager in 2023, Fleiter led business development and consultant relationships for Australia and ...

High-profile stockpicker hires from WTW

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... operative has landed at high-profile stockpicker Geoff Wilson's Sydney-based fund manager which invests more than $6 billion on behalf of retail and wholesale investors. Nick Kelly has joined Wilson Asset Management as the portfolio manager for the ...

Five V hires from buyout firm EQT

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... For its part, EQT is expanding into the Australian energy and environmental sector after buying companies worth over $10 billion in the past four years, including retirement village and cancer care company Icon Group.

PIMCO hires former Global X sales lead

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... firm is a member of South Korea-based Mirae Asset Financial Group and features over 90 ETF strategies and more than US$45 billion in assets under management.