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Showing 331 - 340 of 17420 results for "Billion"

ACCC approves Magellan, Barrenjoey merger

KARREN VERGARA  |  MONDAY, 15 JUN 2026
... merger between Magellan Financial Group and Barrenjoey Capital Partners. The deal, which has an implied valuation of $1.6 billion, is expected to finalise in early July. The ACCC's determination is unconditional and subject to the expiry of the statutory ...

Cybersecurity, tech ETFs strongest performers in May

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
... outperformance across innovation-driven, high-growth equities. ETF flows in May were broadly in line with April at $5.3 billion. Australian equities claimed the top spot for the month at $2.24 billion, narrowly ahead of international equities at $2.18 ...

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion. It floated 555 million shares at a price of US$135 per share. "The valuation being ascribed ...

Investors pile into income ETFs amid upcoming tax changes

VINNY VUCAGO  |  FRIDAY, 12 JUN 2026
... from Global X ETFs. The ETF provider's latest monthly market report found Australian equity ETFs attracted a record $2.3 billion in net inflows in May, accounting for about 42% of total industry flows and marking the strongest month on record for the ...

Quinbrook appoints Australian lead

VINNY VUCAGO  |  FRIDAY, 12 JUN 2026
... roles as Origin Energy and as chief financial officer and deputy chief executive of Australia Pacific LNG (APLNG), a $25 billion natural gas project. Restall said the promotion completes the leadership framework introduced following the creation of the ...

Invesco launches new equity fund

ELIZA BAVIN  |  THURSDAY, 11 JUN 2026
... providing Australian investors access to a systematic global equity strategy with a 20-year track record and more than $16 billion in assets under management globally. Invesco said the fund draws on more than 40 years of experience in systematic and ...

Stablecoin to reshape financial services workforce

MICHELLE BALTAZAR  |  THURSDAY, 11 JUN 2026
... as a blip in labour statistics, but that could change once it catches up with the global stablecoin market worth US$320 billion. Last month, ASIC chair Joe Longo told the Tech Council of Australia that the regulator is beefing up its regulatory sandbox ...

L1 Group appoints finance chief

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... Platinum and led the integration of the merged group's finance functions. At the end of March, L1 Group had nearly $17 billion in funds under management, reporting a 3.8% reduction in the balance during the quarter from $17.6 billion. "Net client flows ...

Janus Henderson continues PM expansion with acquisition

MATTHEW WAI  |  WEDNESDAY, 10 JUN 2026
... Janus Henderson is continuing to strengthen its presence in private markets across Europe with the acquisition of a $2 billion private markets investment manager in Germany. Rantum Capital is set to be bought out by Janus Henderson for an undisclosed ...

FEATURE | Aged care: The longevity dividend

ELIZA BAVIN  |  TUESDAY, 9 JUN 2026
... will be aged 60 years or over. At that time the share of the population aged 60 years and over will increase from one billion in 2020 to 1.4 billion. By 2050, the world's population of people aged 60 years and older will double, to 2.1 billion. Additionally ...