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Showing 251 - 260 of 17420 results for "Billion"

Infinity AM wins SMID fund mandate

KARREN VERGARA  |  MONDAY, 20 JUL 2026
... to outperform the S&P/ASX Mid Small Cap Index over rolling three-year periods before fees. Infinity, which has about $4 billion in assets, sits under Viridian's investment and wealth management division, Infinity Capital Solutions. The Renaissance ...

Perpetual rejects another EQT AB bid

KARREN VERGARA  |  MONDAY, 20 JUL 2026
... to $22.07, an increase of 2% on the previous offer, but last week was turned down. That offer valued Perpetual at $2.55 billion. EQT AB has some US$333 billion in assets under management and has a significant presence in Australia. Last year, EQT's ...

UniSuper backs tech despite AI caution

VINNY VUCAGO  |  FRIDAY, 17 JUL 2026
... the fund warned valuations in parts of the private artificial intelligence market are showing signs of excess. The $60 billion superannuation fund's Balanced option returned 10.4% for accumulation members and 11.2% for pension members in the year ...

FY26 ASX listings sat below five-year average

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
... the previously corresponding period (69) despite having an identical initial public offering (IPO) capital raise of $5.6 billion. New listings added $32.6 billion in quoted market capitalisation, an 86% increase on FY25, and total new capital quoted ...

Australian Ethical adds $1bn to FUM in three months

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
The ethical manager wrapped up the financial year with a strong performance, gaining almost $1 billion in funds under management (FUM) to $14.5 billion from the March quarter. The performance was a result of strong rollover activity and growing super ...

Swedish PE giant sweetens offer bid for Perpetual

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
... price of $22.07 is a 2% bump from its previous offer of $21.64 cash per share. The new offer values Perpetual at $2.55 billion, a $50 million rise from the previous offer. "The revised indicative proposal is subject to numerous conditions, including ...

Netwealth posts record FUA as managed accounts top $30bn

VINNY VUCAGO  |  THURSDAY, 16 JUL 2026
Netwealth has capped off another record year, growing funds under administration (FUA) to $135.7 billion as strong adviser inflows and improving markets offset elevated withdrawals from a handful of ultra-high-net-worth clients. The wealth platform ...

Solaris wins mandate from Mercer Investments

KARREN VERGARA  |  THURSDAY, 16 JUL 2026
... by Solaris on July 7. Solaris is a fundamental, style-agnostic, active Australian equities fund manager with around $8 billion in funds under management. "We are responsible for establishing, implementing and monitoring the fund's investment objective ...

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |  WEDNESDAY, 15 JUL 2026
... in volatility triggered by the Iran conflict. Funds under management jumped by 12.4% during the quarter to total $19.1 billion post distribution. Funds under the L1 Long Short strategies rose to $8.9 billion from $7.6 billion during the quarter. "The ...

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |  WEDNESDAY, 15 JUL 2026
... has undergone tremendous growth over recent years with the fund now serving more than one million members with over $85 billion under management," Bryant said. "Underpinning that growth is our ongoing investment program in personnel, technology, systems ...