Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 231 - 240 of 17085 results for "Billion"

Mega-funds grow but net cashflows steadily decline

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
... super funds joined the mega-fund club throughout 2025, with CFS FirstChoice, Cbus, HESTA and Rest all surpassing $100 billion in funds under management. Almost all the growth seen in the mega-funds, and to the number of them, was organic; the only merger ...

Local custody industry surpasses $6tn milestone

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
... Sydney Endowment Fund and Medibank Private. In the six-month period, BNP Paribas' total assets grew by 45.4% or $257.3 billion, seeing it rank fifth. BNP Paribas also saw significant growth in its Australian sub-custody assets, up 67.4% to $308 billion. ...

NZ Super continues to build investment team

ELIZABETH FRY  |  THURSDAY, 5 MAR 2026
New Zealand's $93 billion sovereign wealth fund is continuing to build up its investment team as it charts a path to double its assets over the next decade. New Zealand Super - led by former Funds SA chief executive Jo Townsend (pictured) - has ...

Rest Super names successor to long-serving fixed income lead

ELIZABETH FRY  |  THURSDAY, 5 MAR 2026
... Investments. O'Connor commenced in the role on 2 March and is based in Melbourne. As for Duff, after two decades with the $95 billion super fund, Duff stepped down from her role as head of fixed income in late November and worked part-time until ...

Mercer's OCIO lead set to depart

ELIZABETH FRY  |  THURSDAY, 5 MAR 2026
... to replace Padriag Brown who recently left. With 15 years of investment leadership experience, Hart has managed a multi-billion-dollar global portfolio spanning both public and private markets. Hart joins from NZ Super where she most recently oversaw ...

Pengana awards investment mandate to Antipodes

ELIZA BAVIN  |  THURSDAY, 5 MAR 2026
... mid-sized companies listed on global exchanges, with a focus on companies with a market capitalisation of between US$1-3 billion. The strategy has delivered 29.4% p.a., net of fees, since inception in 2022. In mid-February former Aberdeen Australia chief ...

Active ETFs drew unprecedented flows in 2025: Morningstar

RIDDHIMA TALWANI  |  THURSDAY, 5 MAR 2026
Active ETFs recorded unprecedented flows in the fourth quarter of 2025, amassing almost $3 billion in new money. For the full year the segment jumped to $7.8 billion, rising from $5 billion in 2024. Morningstar's review of the industry found flows into ...

Evidentia names chief investment strategist

MATTHEW WAI  |  THURSDAY, 5 MAR 2026
... investment team," Beesley said. Evidentia experienced exceptional growth in the first half of FY26, having delivered a $4.9 billion growth in funds under management for a total FUM of $34.5 billion. Its network also continues to expand, including via ...

Centuria bullish on large format retail sector, launches new fund

RIDDHIMA TALWANI  |  WEDNESDAY, 4 MAR 2026
... term and an initial forecast distribution of 7% per annum for FY27 and FY28. Centuria's LFR portfolio expanded to $1.8 billion after its recent acquisition of Chadstone Homemaker Centre in Melbourne for $86 million. The retail precinct is anchored by ...

Vanguard launches three new funds

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... substantial ecosystem and it provides investors with more ways to gain exposure to US equities." Vanguard has more than $90 billion invested in its ETFs in Australia as at 31 January 2026.