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Showing 481 - 490 of 17423 results for "Billion"

Insignia Financial shareholders approve takeover

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
... April 28 the Scheme will be implemented with shareholders receiving $4.80 cash per share, valuing the company at $3.3 billion. "Our focus remains on continuing to deliver for clients and members and supporting a smooth transition through to completion ...

HESTA confirms deputy chief investment officer

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2026
The $102 billion industry super fund has appointed its first deputy chief investment officer, promoting from within. Jeff Brunton has been named in the newly created role, which he will perform in tandem with his existing responsibilities as head of ...

Spheria launches active ETF for small caps fund

MATTHEW WAI  |  TUESDAY, 14 APR 2026
... We see an exceptional opportunity to deliver long-term outperformance in the coming years." Spheria currently has $2.1 billion in funds under management (FUM) on behalf of institutional investors, financial advisers, family offices, SMSFs, and retail ...

CFS awards $370m mandate

KARREN VERGARA  |  TUESDAY, 14 APR 2026
... pharmacy logistics platform Fillex. Founded in 1988 by Lloyd Morrison, the fund manager's assets have grown to US$30 billion, investing in infrastructure across North America, Europe and Asia Pacific. It targets sectors that include digital infrastructure ...

Magellan shareholders say yes to Barrenjoey takeover

RIDDHIMA TALWANI  |  MONDAY, 13 APR 2026
Magellan Financial shareholders have approved the takeover of Barrenjoey at an implied valuation of $1.6 billion. Magellan first announced the merger in early March, noting Brian Benari will become the group chief executive under the new entity. Sophia ...

NZ Super chair's term extended by two years

MATTHEW WAI  |  MONDAY, 13 APR 2026
... extension reflects Williamson's strong leadership and will maintain stability and continuity of the manager of the $93 billion super fund. "It also maintains stability and continuity during the pre-election period and beyond, particularly as five of ...

Former super fund chief to steer new fund manager

JAMIE WILLIAMSON  |  FRIDAY, 10 APR 2026
... Western Australians can be proud of for generations to come." While leading GESB, the fund grew to have more than $46 billion in funds under management and 250,000 members. Palmer also led the One Fund reform, which saw Western Australian legislation ...

Super Consumers Australia raises concerns over Treasury reforms

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
... reforms are in response to the Shield and First Guardian collapses, which saw more than 11,000 Australians invest over $1 billion into high-risk and inappropriate products. Super Consumers Australia chief executive Xavier O'Halloran said reforms need ...

Macquarie-backed IDA sets up $150m credit warehouse

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
... has around 16 years of experience as a capital partner in real estate projects with aggregate end values exceeding $6 billion.

Charter Hall secures $1.2bn mandate

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
Charter Hall has secured a $1.2 billion diversified property mandate with an existing institutional client. "Charter Hall is pleased to be appointed to manage this $1.2 billion diversified direct property mandate," Charter Hall chief executive David ...