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

Search Results

Showing 21 - 30 of 17184 results for "Billion"

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 ...

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |  WEDNESDAY, 15 JUL 2026
... Partners for the distribution of its credit strategies in Australia and New Zealand. Triton manages approximately $41 billion in assets under management, and its private equity and private credit strategies invest in mid-market businesses across business ...

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |  WEDNESDAY, 15 JUL 2026
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members. Australian Food Super will be the first fund to implement InvestStream's ...

Special Feature: Rewarding patient capital

PENNY PRYOR  |  TUESDAY, 14 JUL 2026
... although private capital raised $US1.3 trillion last year, in line with 2024 values, buyout activity fell 16% to $US395 billion. Singapore-based Neuberger private equity managing director Gabriel Ng says it has been a tough fundraising market. "The amount ...

Australian ETF industry closes in on $400bn

VINNY VUCAGO  |  MONDAY, 13 JUL 2026
Australia's exchange traded fund (ETF) industry is on track to surpass $400 billion in assets under management (AUM) after delivering a record first half of 2026. The growth was fuelled by surging investor inflows and continued demand for passive ...

GQG bleeds over US$7bn in FUM in June

MATTHEW WAI  |  MONDAY, 13 JUL 2026
... Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion (US$3.2bn) recorded in the month of June, as funds under management (FUM) slipped to $225 billion (US$156bn) at June end ...

KKR injects $400m into Ampol

RIDDHIMA TALWANI  |  MONDAY, 13 JUL 2026
... with our advisers," Ampol Group chief financial officer Greg Barnes said. Since 2019, KKR has committed more than US$9.1 billion across 63 credit investments under its Asia Pacific Credit strategy, accounting for a total transaction volume of more than ...