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Showing 481 - 490 of 22316 results for "Grow"

Allianz Retire+ updates AGILE, slashes fees

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
Unveiling several updates, Allianz Retire+ has slashed fees for its retirement income product AGILE to 0.30% p.a. as well as the wait period to commence the lifetime income. The product fee has dropped from 0.80% p.a. while the wait time to commence ...

Macquarie sees 'substantially' higher profits

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
Macquarie Asset Management's (MAM) net profit contributions were "substantially up" in the third quarter, with global assets under management (AUM) reaching $736.1 billion. MAM said the increase was primarily driven by gains on the sale of its divestment ...

Global pension assets near $90tn: Research

MATTHEW WAI  |  TUESDAY, 10 FEB 2026
Global pension assets reached a record US$68.3 trillion ($89.3tn) in 2025 across the top 22 markets, rising 9.6% year-on-year as defined contribution savings continued to drive growth, new research found. According to the Thinking Ahead Institute's ...

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI  |  MONDAY, 9 FEB 2026
... In June last year, HESTA commenced a seven-week disruption to transition its member administration services from MUFG to GROW Inc. However, it was found to have inadequately prepared to effectively oversee and manage the change by APRA, who imposed additional ...

Mulino acknowledges some regulation 'not thought through'

ELIZA BAVIN  |  MONDAY, 9 FEB 2026
The Australian Chamber of Commerce and Industry (ACCI) has called on the government to urgently prioritise regulatory reform to address the growing burden of red tape that is stifling productivity and economic growth. The ACCI released a report, Path ...

Challenger-led consortium bids for Pepper Money

KARREN VERGARA  |  MONDAY, 9 FEB 2026
Challenger is part of a consortium that is attempting to acquire ASX-listed Pepper Money, in a deal that values the non-bank lender at about $1.16 billion. Pepper Group ANZ HoldCo and Challenger confirmed media speculation that they are engaging in ...

Debby Blakey steps down as HESTA chief

ELIZA BAVIN  |  MONDAY, 9 FEB 2026
Debby Blakey is set to step down as chief executive of HESTA in the second half of this year. The HESTA board said she will leave an enduring legacy, having guided the fund beyond $100 billion during more than a decade of leadership. Blakey has been ...

KKR to acquire Arctos Partners

ANGELIQUE MINAS  |  FRIDAY, 6 FEB 2026
KKR will acquire Arctos Partners, the largest institutional investor in professional sports franchises, and a provider of asset management solutions for sponsors. The transaction is valued at US$1.4 billion. An additional US$550 million in future equity ...

KKR splashes $603m on HMC platform

KARREN VERGARA  |  FRIDAY, 6 FEB 2026
... our strategy to build scalable and high return on equity platforms. "KKR's capital will enable the platform to materially grow operating capacity, cash flow and progress the strategically valuable development pipeline. The investment enables HMC to optimise ...

Macquarie AM to acquire Last Mile Infrastructure and Energy Assets Group

ANGELIQUE MINAS  |  FRIDAY, 6 FEB 2026
... infrastructure across smart meters and last-mile utility connections. We look forward to supporting EAG as it continues to grow, facilitating the UK's growth and energy transition agendas." Currently, MAM has stakes in gas transmission system owner and ...