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Showing 201 - 210 of 17416 results for "Billion"

GQG sees $6.4bn outflows in July

VINNY VUCAGO  |  WEDNESDAY, 12 AUG 2026
GQG Partners recorded another significant month of client redemptions in July, with net outflows of US$4.5 billion ($6.4b), as the global fund manager continued to face pressure on funds under management. The latest monthly update shows outflows remained ...

Future Group marks new successor fund transfer

KARREN VERGARA  |  TUESDAY, 11 AUG 2026
... Super brands, into the Smart Future Trust in May 2025. Future Group now has more than 400,000 members and manages some $14 billion in assets under management. Future Group chief executive Simon Sheikh said: "As we grow, we can use that scale to reduce ...

L1 Group hires private client lead

KARREN VERGARA  |  TUESDAY, 11 AUG 2026
... banking analyst at Citi. The group's funds under management jumped by 12.4% during the June quarter to total $19.1 billion post-distribution. The initial public offering of the L1 Gold Fund (ASX:LGF) in April contributed $428 million in net inflows. ...

Cbus grows shopping centre portfolio for $1.3bn

KARREN VERGARA  |  TUESDAY, 11 AUG 2026
Cbus has snatched up stakes in two major shopping centres from Lendlease for $1.3 billion. Lendlease's Australian Prime Property Fund Retail (APPF Retail) offloaded its 50% stakes in Lakeside Joondalup in Perth and Westfield Carindale in Brisbane to ...

I Squared acquires oOh!media following bidding war

KARREN VERGARA  |  TUESDAY, 11 AUG 2026
... Squared Capital is a leading independent global infrastructure investor dedicated to the mid-market, managing over $60 billion in assets. Founded in 2012, I Squared Capital currently manages more than $60 billion in assets. The global infrastructure ...

Evans and Partners uplifts MDA offering

KARREN VERGARA  |  MONDAY, 10 AUG 2026
... continue to enhance the fixed income solutions we provide to advisers and clients." Evans and Partners oversees around $35 billion in funds under advice. Bloomberg head of Australia and New Zealand Ben Pool said demand for managed accounts continued ...

Guardians farewells head of asset allocation

MATTHEW WAI  |  FRIDAY, 7 AUG 2026
... new head of asset allocation to replace Charles Hyde, who is leaving to take up a role abroad. The manager of the $94 billion NZ super fund has promoted the current head of strategic tilting Alex Bacchus, who will assume the role next month. Over the ...

S&P reaffirms Australia's AAA credit rating

VINNY VUCAGO  |  FRIDAY, 7 AUG 2026
... international rating agencies. According to the Treasurer, gross debt at the end of the last financial year was $10.6 billion below the level projected under the previous Coalition government. "While we've delivered a substantial budget improvement ...

IFS recovers record $250m in unpaid super

RIDDHIMA TALWANI  |  FRIDAY, 7 AUG 2026
... recovered a record $250 million in unpaid superannuation in the 2025-26 financial year, bringing its total recoveries to $2.5 billion since the service commenced. This comes just a month after the Payday Super reform went live from July 1, where employers ...

Betashares launches diversified ETF suite

VINNY VUCAGO  |  FRIDAY, 7 AUG 2026
... The launches further strengthen Betashares' position in the cash and fixed income ETF market, where it manages $18.6 billion in assets.