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Showing 411 - 420 of 17420 results for "Billion"

TelstraSuper-Aware Super merger complete

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
... via a Successor Fund Transfer (SFT) to create a superannuation fund with approximately 1.3 million members and over $235 billion in funds under management. The two funds first announced plans to explore a merger in July last year, signed a Heads of Agreement ...

Calls for CGT, negative gearing reforms 'unanimous': Mulino

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... - came about after "unanimous calls" for reform during the Economic Roundtable in August last year. "We have over $45 billion in initiatives. But not just that, we passed the EPBC Act, we froze the National Construction Code, but there are other levers. ...

GQG reports nearly US$10 outflows, keeps FUM stable

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
GQG Partners has stemmed a substantial US$9.9 billion in outflows offset by stellar investment performance to end April with US$166.9 billion in total assets. Year-to-date figures show the fund manager offsetting nearly US$10 billion in client money ...

Perpetual to wind up fixed income fund

KARREN VERGARA  |  MONDAY, 11 MAY 2026
... income strategies alongside direct investments." The Perpetual group reported total assets under management of $219.2 billion in the March quarter. The $8.3 billion decrease from December was due to unfavourable currency movements of $3.6 billion, net ...

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Macquarie Asset Management's (MAM) earnings soared to $2.6 billion largely driven by bumper performance fees charged on its private markets transactions. MAM's net profit jumped 27% in its full-year reporting period ending March thanks to private ...

ART, Mubadala back CBRE's infrastructure platform

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
... investments from CBRE, Mubadala, ART and other global investors, brings the total equity committed to the platform to US$1.25 billion ($1.95bn). Accelerate founder and chief executive Brennan Potts said: "This capital reflects deep alignment with long-term ...

Fintech AUDC hires former UBS director, expands senior team

MICHELLE BALTAZAR  |  THURSDAY, 7 MAY 2026
... facilities and operate within Australia's financial regulatory framework. It said that it has processed more than $1.5 billion in transaction volume since the product AUDD was launched in 2022.

Magellan confirms job losses

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
... and Vinva Investment Management will be appointed as investment manager for the funds. The funds have approximately $5.3 billion in assets under management (AUM), as at April 30. Magellan will remain the responsible entity for the funds and retain responsibility ...

JANA hires general manager, wealth

JAMIE WILLIAMSON  |  THURSDAY, 7 MAY 2026
... Leman's appointment reflects the strong growth and momentum in its wealth business, which has now grown to more than $15 billion under advice or management, about one fifth of which is in managed accounts. "Zac's appointment strengthens our leadership ...

Perpetual to overhaul J O Hambro

KARREN VERGARA  |  WEDNESDAY, 6 MAY 2026
... mission to revive the lacklustre performance of boutique J O Hambro Capital Management (JOHCM) and boost its assets to $60 billion by 2030. The multi-boutique singled out JOHCM at a recent industry conference, saying restoring its "heritage strength ...