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Showing 431 - 440 of 17110 results for "Billion"

Diversa hit with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 23 DEC 2025
... acts as trustee for 10 registrable superannuation entities and has approximately 291,000 member accounts and over $15 billion in funds under management. The additional licence conditions follow APRA's recent thematic review of the investment governance ...

GDG hires chief financial officer

KARREN VERGARA  |  TUESDAY, 23 DEC 2025
... the 2025 financial year, GDG's investment bonds business under Generation Life reported funds under management of $4.4 billion, growing 27% annually. GDG's managed accounts assets grew 49% year on year to $29.6 billion thanks to a boost from Lonsec and ...

Family office buys stake in Lendlease retail asset

KARREN VERGARA  |  TUESDAY, 23 DEC 2025
... Lendlease will offload the 40% stake in The Exchange TRX, as well as its 60% interest in the office asset valued at RM1.1 billion ($405.6m) to the Valiram Family Office. Retail and lifestyle business Valiram was established in 1935 specialising in textile ...

Janus Henderson acquired for $11bn, set to go private

MATTHEW WAI  |  TUESDAY, 23 DEC 2025
Janus Henderson is being acquired for $11.1 billion (US$7.4bn) and will be delisted from the New York Stock Exchange (NYSE) following the completion of the transaction. New York-based Trian Fund Management and venture capital firm General Catalyst Group ...

Productivity Commission makes 47 recommendations

ELIZA BAVIN  |  MONDAY, 22 DEC 2025
... hybrid corporate tax system, combining a lower company income tax of 20% for small and medium businesses earning up to $1 billion, and a tax rate of 28% for larger firms, with a net cashflow tax of 5% for all companies. The PC suggested this reformed ...

Change in AI sentiment, credit events could 'derail activity': AustralianSuper

RIDDHIMA TALWANI  |  MONDAY, 22 DEC 2025
... change in AI sentiment which could derail activity. AustralianSuper head of macroeconomic research David Page said the $400 billion super fund is noting signs of acceleration across the global economy including the easing of Trump tariff pressures, China ...

Igneo acquires Tasmanian logistics firm Strait Link

RIDDHIMA TALWANI  |  MONDAY, 22 DEC 2025
... the region and aligns with our strategy to invest in a diversified portfolio of core-plus mid-market assets." The $34.5 billion infrastructure manager said the transaction is subject to regulatory approval which is expected to settle in the first half ...

Macquarie Securities to pay $35m for misleading data reporting

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
... December 2009 and February 2024. ASIC, however, believes the scale of total misreporting could be between 298 million and 1.5 billion short sales. ASIC lodged civil proceedings against MSAL in the NSW Supreme Court in May. MSAL has also admitted to incorrectly ...

Australian Food Super closes two options

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
... to investment fees and costs rising to 1.21% p.a. from 0.57% p.a. Formerly AMIST Super, Australian Food Super had $3.5 billion in assets at the end of September, APRA reports show, managing the savings of 67,360 members. In October, Australian Food Super ...

ART enters domestic build-to-rent sector

ELIZA BAVIN  |  FRIDAY, 19 DEC 2025
Australian Retirement Trust (ART) is entering the domestic build-to-rent sector, investing in the $1.7 billion LIV Mirvac Fund, which owns approximately 2200 apartments across Brisbane, Sydney and Melbourne. ART general manager mid-risk assets and UK ...