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Showing 11 - 20 of 17183 results for "Billion"

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) ...

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 ...