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

Search Results

Showing 281 - 290 of 17089 results for "Billion"

AustralianSuper expands UK fundamental equity team

MATTHEW WAI  |  TUESDAY, 17 FEB 2026
AustralianSuper, the $410 billion super fund, has appointed a head of fundamental equity research based in the UK. Maria Toneva has joined the super fund from Newton Investment Management, where she was deputy head of research for over 13 years. Prior ...

Challenger results a 'headline miss'

ELIZA BAVIN  |  TUESDAY, 17 FEB 2026
... first half of 2026. Normalised NPAT came increased 2% to $229 million and assets under management increased 3% to $128 billion. Despite the positive appearance, Ord Minnett analysts said the result was a "headline miss" on expectations. "CGF today announced ...

Macquarie Asset Management to acquire Qube

ELIZA BAVIN  |  MONDAY, 16 FEB 2026
... any dividends declared or paid after the date of the Scheme Implementation Deed. This values the company at around $11.7 billion. The Qube board has unanimously recommended that Qube shareholders vote in favour of the scheme in absence of a superior ...

HESTA urges government to modernise Australian retirement system

RIDDHIMA TALWANI  |  MONDAY, 16 FEB 2026
... research by Laneway Analytics, commissioned by HESTA, showed up to 1.8 million Australians missed out on an estimated $2.46 billion in additional tax-free investment earnings in 2025. Without reform, the research said, this figure is projected to rise ...

DWS appoints Australian real estate head, steps up living sector push

RIDDHIMA TALWANI  |  MONDAY, 16 FEB 2026
... with Matthias and the wider team." DWS real estate has around 350 employees in over 20 cities around the world and EUR 64 billion ($107.5bn) in global real estate assets under management.

First half steady, net inflows positive for Fiducian

KARREN VERGARA  |  MONDAY, 16 FEB 2026
... sustainable growth trajectory." Funds under management, administration and advice (FUMAA) grew by 9% year on year to $15.6 billion. Funds under advice on its own was 7% higher at $5.33 billion from $4.96 billion. Fiducian's core platform, which excludes ...

AustralianSuper calls for reform in pre-Budget submission

ELIZA BAVIN  |  MONDAY, 16 FEB 2026
... enhance the retirement process and deliver better outcomes so more Australians can live well in retirement." The $400 billion super fund called for legislation to allow members to make contributions to pension accounts; implementing the Delivering Better ...

FES Super to no longer supplement returns in default

JAMIE WILLIAMSON  |  FRIDAY, 13 FEB 2026
... increased from 2548 members to 2623, with an average balance of $408,986. The fund, established in 1985, holds about $1.07 billion in assets under management. It oversees the retirement savings of employees of Western Australia's Department of Fire and ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
... trustees who collectively have 81 superannuation funds. Combined, they have over $3 trillion in APRA-regulated assets ($417 billion via platforms). This covers more than 23 million member accounts across 901 products with almost 27,000 investment options ...

Nuveen takes over Schroders for $20bn

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
TIAA's Nuveen will acquire UK fund manager Schroders for $20 billion (£9.9bn) to create a $3.5 trillion (US$2.5tn) powerhouse. Nuveen has nearly $2 trillion (US$1.4tn) in assets under management, while Schroders has $1.6 trillion (US$1.1tn). Schroders ...