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Showing 191 - 200 of 17417 results for "Billion"

Macquarie AM-led consortium finalises Qube takeover

KARREN VERGARA  |  MONDAY, 17 AUG 2026
... consortium of global investors, including UniSuper and the family office of a Spanish billionaire, have completed their $11.7 billion acquisition of logistics and infrastructure giant Qube Holdings. The transaction, executed via a Scheme of Arrangement ...

L1 Group profit jumps 97%, raises post-merger synergy target

RIDDHIMA TALWANI  |  MONDAY, 17 AUG 2026
... $189 million for the financial year 2026, up 97% from the previous year. Funds Under Management (FUM) jumped 17% to $19.1 billion as of June 30. The board declared a final dividend of two cents per share, fully franked, bringing total dividends declared ...

Fiducian Group statutory profit falls 28%

MATTHEW WAI  |  MONDAY, 17 AUG 2026
... planning, platform administration and funds management. Funds under management, advice and administration surged over $1 billion to $15.9 billion in the period. Statutory NPAT was $13.4 million, 28% lower than the prior year ($18.6 million), and statutory ...

NZ Super updates sustainable investment policy

MATTHEW WAI  |  FRIDAY, 14 AUG 2026
... standards and procedures that underpin its sustainable investment activities. The update was flagged by the manager of the $94 billion fund following a verdict finding two of its policy documents were not formulated in accordance with the relevant statutory ...

ASFA defends super as 'policy success' amid Bragg criticism

VINNY VUCAGO  |  FRIDAY, 14 AUG 2026
... by around 3% of GDP. ASFA said around half of the system's $4.4 trillion is invested locally, including about $118 billion in Australian infrastructure. Delahunty argued the full benefits of the system were yet to be realised, given the Superannuation ...

Bell Financial Group profit surges 133%

VINNY VUCAGO  |  FRIDAY, 14 AUG 2026
... scalable revenue growth and an increasingly meaningful contribution to group earnings." Equity Capital Markets raised $1.2 billion across 35 transactions during the period, while the transition of existing clients to the new Bell Potter Private Wealth ...

Antares winds up Ex-20 Aussie equities fund

KARREN VERGARA  |  FRIDAY, 14 AUG 2026
... ceasing to process withdrawals, applications and switches. Based on March 2025 figures, Antares manages more than $32.5 billion in assets, of which $5.2 billion sits in Australian equities and $27.3 billion in fixed income. Insignia Financial is in the ...

J.P. Morgan launches active Aussie equity ETF

MATTHEW WAI  |  FRIDAY, 14 AUG 2026
... strategies, the firm said. The launch also brings J.P. Morgan Asset Management's assets under management to over $433 billion (US$308bn) in active ETFs. "This now means we have ETFs that span US and international equities, global fixed income and ...

ASX profits slump as ASIC inquiry costs bite

ELIZA BAVIN  |  THURSDAY, 13 AUG 2026
... business units delivered revenue growth in FY26, contributing to a 13.3% increase resulting in operating revenue of $1.25 billion. "Our business benefitted from global volatility which drove an increase in markets activity and demand for post trade services. ...

CareSuper hires from AustralianSuper, Rest

MATTHEW WAI  |  THURSDAY, 13 AUG 2026
... investment directors from other super funds to strengthen its investment capability. Jessica Melville has joined the $65 billion fund as general manager portfolio management, while Andrew Thomas commenced as general manager portfolio design. Coming from ...