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Showing 241 - 250 of 17420 results for "Billion"

Former chief financial officer at Rest returns in new role

VINNY VUCAGO  |  THURSDAY, 23 JUL 2026
Rest is welcoming back its former chief financial officer as its inaugural chief commercial officer. The $100 billion profit to member superannuation fund said it was reshaping its executive team to support the next phase of its long-term growth strategy. ...

Viridian promotes to investment team, launches Infinity

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
... newly created positions are designed to support the next phase of growth for Infinity, which now manages more than $5.5 billion on behalf of clients. "The advice market has evolved significantly over the past decade. Advisers are supporting increasingly ...

Aware Super acquires $226m real estate investment

VINNY VUCAGO  |  WEDNESDAY, 22 JUL 2026
... delivering sustainable outperformance for Aware Super's 1.3 million members. The transaction expands Aware Super's $16 billion property portfolio, adding to existing office holdings including 145 Ann Street in Brisbane and 207 Pacific Highway ...

Praemium reaches $78bn in FUA with HNW focus

MATTHEW WAI  |  WEDNESDAY, 22 JUL 2026
... platform and non-custodial portfolio administration business have pushed its total funds under administration (FUA) to $77.9 billion for the year ending 30 June 2026, a 21.1% increase from FY25. Praemium's platform FUA increased 10.8% during FY26 ...

FEATURE | Platforms | The investment supermarket

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
... online supermarket distributing investment products at scale. Matt Rady, who now runs BT Panorama, a platform with $150 billion in funds under administration, recalls his time at Macquarie in the mid-1990s. "We sat around and we said, 'Okay, well ...

Corporate hybrid issuance surges: Report

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
... Credit, the Queensland-based investment manager said issuance of non-financial corporate hybrids reached approximately $7.5 billion in 2025, almost four times the previous year, with a further $5.4 billion issued in the first five months of 2026. The ...

Northern Trust AM Australia among five to split $4.3bn mandate

KARREN VERGARA  |  TUESDAY, 21 JUL 2026
... managers that scored a major mandate from Taiwan's Bureau of Labor Funds (BLF) to help manage a total pool of US$3 billion ($4.3bn). The BLF also picked Amundi Asset Management, BNP Paribas Asset Management Europe, Geode Capital Management and State ...

Equities lead as Australian managed funds attract $13bn in H1

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
Australian managed funds attracted $13 billion in net inflows during the first half of 2026, with investors maintaining strong exposure to markets despite heightened geopolitical tensions and domestic economic uncertainty, according to new data from ...

Family businesses turn to external chief executives: Deloitte

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
... perceived pressures. Richard Crookes Constructions is a family-owned Australian construction management firm with US$1.5 billion in revenue. "We are working on clearer guidelines for progression, so that any family member who joins knows advancement ...

HUB24 FUA soars over $164bn

MATTHEW WAI  |  TUESDAY, 21 JUL 2026
... June 2026, with total funds under administration (FUA) increasing 20% from the previous corresponding period to $164.3 billion. The total FUA comprised platform FUA of $139.5 billion (up 24%) and portfolio, administration and reporting services (PARS) ...