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Showing 1551 - 1560 of 17429 results for "Billion"

Super moves: VFMC, QIC, Prime Super

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... Nikola Garevski has joined Victorian Funds Management Corporation as a senior equities analyst. Garevski landed at the $92 billion VFMC from AustralianSuper, where he was a senior risk analyst on an eight-month contract. Previously, he spent over four ...

HMC Capital bolsters insto team

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... existing and new sectors." As for assets under management, HMC's latest announcement in December confirmed more than $19 billion. The asset manager reported a 57% jump in earnings to $129 million for 2023 thanks to recurring management fees, investment ...

Janus Henderson turns $5.2bn fixed interest fund into active ETF

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
... investor's portfolio, Janus Henderson said. First launched as a managed fund in 1994, the strategy has more than $5.2 billion in funds under management (FUM); it is also the third member of Janus Henderson's fixed interest ETF suite. The fund ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
... Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might be. At the time ...

SG Hiscock, Ruffer shutter funds

KARREN VERGARA  |  THURSDAY, 13 FEB 2025
... of Ruffer SICAV and in cash. The fund is a Luxembourg-domiciled UCITS fund. London-based Ruffer has more than US$24.1 billion of AUM.

ETF industry passes $250bn mark

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
Positive market performance and record inflows have seen the Australian ETF industry surpass $250 billion in funds under management (FUM), according to the Betashares January ETF review. The industry saw $4.6 billion in net flows with the total market ...

Briefcase launches five SMAs on Praemium

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... provides customisable portfolios of direct shares that reflect the characteristics of the index. It has managed more than $50 billion for the likes of BlackRock, BT, and Russell Investments. Persky founded Briefcase in 2022 after working more than seven ...

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... cities-while still covering other essentials, it said. "Boosting Rent Assistance for all recipients would cost about $2 billion a year, with around a quarter of this flowing to retirees. This could be paid for by further tightening superannuation tax ...

Renewable energy company secures $160m from Macquarie

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... diverse portfolio of green technologies and strong management team," he said. MAM's debt portfolio has more than $337 billion (€205m) in assets under management. MAM launched Aula in 2023, specialising in developing, building, and operating onshore ...

Generation Development Group buys Evidentia

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... The ASX-listed company aims to capitalise on the surging managed accounts market, which is currently valued at over $200 billion and is projected to grow at 15% per annum until 2030, GDG said. Evidentia was founded in 2018, providing tailored managed ...