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Showing 1571 - 1580 of 17429 results for "Billion"

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
... pension savers, aiming to help them build a more secure retirement." Nest, a public corporation founded in 2008, manages $90 billion (£45.3 billion) in assets for 13.7 million members in its defined contribution pension; approximately one in three workers ...

Future Fund reaches value of $237.9bn

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
The Future Fund has delivered an investment return of 12.2% - boosting its value to by $26 billion to $237.9 billion as of 31 December 2024. Total funds managed by Future Fund, including across its other investment funds, rose to $304.5 billion. In ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... government and its business dealings with companies should create value for American citizens. "If we're going to buy two billion COVID vaccines, maybe we should have some warrants and some equity in these companies and have that grow for the help of ...

LGT Capital Partners brings $1.6bn PE strategy to Australia

MATTHEW WAI  |  TUESDAY, 4 FEB 2025
... companies and benefits from over 800 private equity sponsors around the world to access "strong deal flow". Of the $1.6 billion raised across the world, LGT Capital Partners said an Australia institutional investor has contributed $150 million in the ...

FundBase to launch platform for retail access to private markets

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
... number of investors they need to manage. "We estimate that this initiative could potentially result in as much as $80 billion flowing into the private markets ecosystem over the next five years, significantly boosting Australian economic growth," Mulligan ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
Jun Bei Liu is ambitiously setting her sights on doubling the size of her hedge fund to $3 billion as it launches under a new outfit, TenCap. On February 1, the Tribeca Alpha Plus Fund became the TenCap Alpha Plus Fund following Liu's separation ...

Anthony Doyle joins Schroders as director

ROSE MARY PETRASS  |  MONDAY, 3 FEB 2025
... Global Equity Alpha strategy and the global Quantitative Equity Products (QEP) strategies, which have attracted over $14 billion of investments from Australian clients. Schroders Australia chief executive Simon Doyle said Anthony Doyle's extensive experience ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... Collective Investment Vehicles." Briggs said the FSC's policy recommendations to foster economic growth could add $19 billion to GDP over the next decade while additionally lifting funds management exports by $2 billion each year, supporting a private ...

Lendlease makes $235m divestment

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... Japanese trading company, for the sale of Capella Capital for a consideration of $235 million. The sale adds to the $1.9 billion of announced capital recycling initiatives, bringing the total of announced transactions to $2.2 billion. The sale is anticipated ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... Retirement Trust (ART) with $1.7 million. The newly released APRA data also shows that AustralianSuper, which had $360 billion at the end of last June, spent a total of $52.9 million on total promotional activity with $39 million allocated to advertising. ...