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Showing 221 - 230 of 17085 results for "Billion"

GQG's investment performance outpaces outflows

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
GQG Partners has recorded yet another month of outflows, seeing $4.5 billion (US$3.2bn) leave the business in February. Despite this, investment performance saw $14.76 billion (US$10.5bn) added, taking funds under management (FUM) from $232.86 billion ...

European asset manager selects Sodor Capital as local distributor

RIDDHIMA TALWANI  |  TUESDAY, 10 MAR 2026
... high-net-worth and institutional investors. Praemia REIM is Europe's largest healthcare real estate manager, with $29.6 billion (€18bn) in healthcare assets under management across 750 properties including clinics, retirement homes, nursing homes and ...

Lowy family takes stake in Magellan

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
... Partners to 100% ownership for $906 million. The two firms will then merge. The proposed merger implies a value of $1.62 billion for Barrenjoey. Brian Benari will become the new group chief executive. Sophia Rahmani will continue as chief executive of ...

BlackRock caps outflows on US$27bn private credit fund

KARREN VERGARA  |  MONDAY, 9 MAR 2026
... private credit fund HPS Corporate Lending Fund (HLEND), imposing the 5% limit after investors sought to yank out US$1.2 billion. Subsidiary HPS Investments Partners, which BlackRock acquired in 2024 for US$12 billion, said shareholders requested to redeem ...

IFM maps path for super funds to meet US infrastructure funding gap

RIDDHIMA TALWANI  |  MONDAY, 9 MAR 2026
... build the infrastructure that Americans will rely on into the future." Australian super funds have already invested $29 billion in infrastructure across the US, with total infrastructure equity investment projected to reach almost $67 billion by 2035. ...

ASX loses $100bn as Iran war escalates

ELIZA BAVIN  |  MONDAY, 9 MAR 2026
The ASX 200 saw around $100 billion wiped at the open as the war in Iran continues to escalate. Oil prices have surged more than 20% due to disruptions in the Strait of Hormuz; a critical checkpoint for the world's oil supply. Betashares chief economist ...

Australians unlock only 1% of $600bn in home equity: Deloitte

MATTHEW WAI  |  MONDAY, 9 MAR 2026
A new study reveals that around $600 billion of home equity can be unlocked through structured equity release products, yet only a fraction has been used thus far. Deloitte's 2026 Australian Reverse Mortgage Survey - compiled in collaboration with Heartland ...

Major super reforms cost members $670m in death benefits: ASFA

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
... on nearly $700 million in death benefits. Furthermore, some 11,000 individuals each year are missing out on around $1.5 billion in total and permanent disability (TPD) benefits as a direct consequence of the same legislative changes. The government introduced ...

Morgan Stanley sheds 2500 global roles

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
... Morgan Stanley reporting robust performance in the last quarter and the entirety of last year. Net revenues of US$17.9 billion were up from the comparable quarter in 2024 of US$16.2 billion. Full-year net revenues were also up to US$70.6 billion compared ...

What Australia must do to be at the forefront of financial innovation

MATTHEW WAI  |  FRIDAY, 6 MAR 2026
... contributed to the rapid development of AI implementation. In Australia, federal and state governments have invested $2 billion, complemented by private investment, but need further support to help development across all metrics. ASIC is also piloting ...