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Showing 451 - 460 of 17420 results for "Billion"

Cboe offloads local exchange to Canadian giant

RIDDHIMA TALWANI  |  THURSDAY, 23 APR 2026
... chapter." Cboe Australia currently has around 20% of Australia's equity market turnover, representing approximately $2 billion of trades each day. Last year ASIC approved Cboe Australia's listing application, hoping to build healthy competition in the ...

Rapid growth of UHNW population prompts management shift: Knight Frank

MATTHEW WAI  |  THURSDAY, 23 APR 2026
Australia continues to see rapid growth in the number of ultra-high-net-worth (UHNW) individuals and it's spurring a shift away from "blind" investing, Knight Frank said. According to Knight Frank's The Wealth Report 2026, Australia is currently ranked ...

Perpetual AUM falls by $8.3bn in March quarter

RIDDHIMA TALWANI  |  WEDNESDAY, 22 APR 2026
Perpetual's total assets under management (AUM) declined by $8.3 billion to $219.2 billion in the March quarter. The decrease was due to unfavourable currency movements of $3.6 billion, net outflows of $2.8 billion and negative market movements of $1.9 ...

Praemium progresses automation, finalises local job cuts

KARREN VERGARA  |  WEDNESDAY, 22 APR 2026
... Praemium to be a fintech leader in wealth management." Across the business, total funds under advice (FUA) rose 18% to $73.7 billion in the March quarter year on year. A loss of $923 million dented FUA due to negative global market movements. Gross outflows ...

AustralianSuper ups Syrah stake to 49.6%

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2026
... retail entitlement offer and the entitlements of ineligible foreign retail shareholders, and so were allotted to the $410 billion super fund. Syrah said the retail entitlement offer raised approximately $61 million, and together with the institutional ...

EQT raises $21.8bn for Asia Pacific private equity fund

RIDDHIMA TALWANI  |  WEDNESDAY, 22 APR 2026
EQT has raised US$15.6 billion ($21.8bn) for its BPEA Private Equity Fund IX, making it the largest ever dedicated Asia Pacific private equity fund raise to date. The investment giant said the fund will target businesses with resilient fundamentals ...

HUB24 sees $4bn net inflows, advances HTFS takeover

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
HUB24 has reported strong Q3 results delivering platform net inflows of $4 billion, up 9% on the prior corresponding period (pcp) when excluding large migrations. Platform funds under administration (FUA) as at March 31 was $127.8 billion, up 25% on ...

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
Challenger saw $11.7 billion leave its funds management business in the third quarter, of which $3.4 billion came from negative market movements driven by the Middle East conflict. The lion's share of $8 billion were net outflows while the balance of ...

Partners Wealth Group unveils new identity for Partners Private

MATTHEW WAI  |  TUESDAY, 21 APR 2026
... acquisitions and strategic partnerships over the past six months. The firm increased its funds under management to more than $5.8 billion while continuing to expand across Melbourne, Sydney and Perth. The firm now employs more than 160 staff and collaborates ...

Government rolls out relief via National Reconstruction Fund

MATTHEW WAI  |  MONDAY, 20 APR 2026
The federal government is bringing forward over $6 billion in concessional capital, including zero interest loans, to support local businesses affected by global disruptions. The $1 billion Economic Resilience Program, $5 billion Net Zero Fund, and ...