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Showing 31 - 40 of 17184 results for "Billion"

TA Associates sells Russell Investments

KARREN VERGARA  |  FRIDAY, 10 JUL 2026
... accelerate the firm's growth trajectory. While the price tag was not disclosed, Bloomberg reports the amount came to US$2.8 billion ($4bn), which is more than double what TA Associates paid for Russell Investments at US$1.15 billion ($1.65bn), when ...

Income generating index ETFs gain traction post Budget

RIDDHIMA TALWANI  |  FRIDAY, 10 JUL 2026
... as countries continue to diversify away from traditional reserve assets," he said. The Australian ETF market grew by $8 billion over the month to $372.1 billion across 494 products. The 2026 financial year was the best financial year ever for ETF net ...

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA  |  FRIDAY, 10 JUL 2026
... the cross-skilling is sufficient to mitigate the AOFM's key person risk." The sovereign debt manager has about $975 billion of securities on issue, the lion's share of which are treasury bonds. While Debelle said he has confidence in the AOFM's ...

Focus Partners Australia appoints head of wealth advisory

RIDDHIMA TALWANI  |  THURSDAY, 9 JUL 2026
... bringing boutique individualised services to clients at scale," she said. Focus Partners collectively has more than $500 billion in advised assets.

SS&C to accept digital cash for tokenised investments

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
... soundly domestically, reflected by the latest findings from Project Acacia, highlighting tokenisation can inject some $24 billion to Australia's economy. Earlier this year, the government swiftly passed the Digital Assets Framework Bill, requiring digital ...

AutralianSuper injects $500m in Indian infrastructure

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
... Fund (NIIF) with a further $500 million, taking the fund's overall holdings in India across all asset classes to $3.3 billion. The new investment follows the initial investment of $240 million in the fund in 2019, which was part of an agreement with ...

HESTA executive jumps ship to Cbus

VINNY VUCAGO  |  WEDNESDAY, 8 JUL 2026
... broader responsibilities for member engagement, education advice and employer partnerships. Parisotto will leave the $95 billion industry fund in October to join CBUS as chief member officer, marking another senior executive move between Australia's ...

Advice veteran's exit creates $1bn Tassie wealth group

KARREN VERGARA  |  WEDNESDAY, 8 JUL 2026
... Peter Mancell has retired as a financial adviser after 46 years, selling the business he built to pave the way for a $1 billion wealth management firm in Tasmania. Mancell officially stepped away as an adviser and business owner on June 30. MFG has been ...

TCorp chief investment officer retires

KARREN VERGARA  |  WEDNESDAY, 8 JUL 2026
... has helped deliver strong investment outcomes that have exceeded clients' objectives across the approximately $125 billion managed by TCorp on behalf of the NSW government," he said. Brentnall previously served as chief investment officer at ANZ ...

BNP Paribas Asset Management ANZ chief exits

KARREN VERGARA  |  TUESDAY, 7 JUL 2026
... fund manager currently manages $2.6 trillion for investors following the takeover of AXA Investment Managers, paying $8.5 billion. AXA Investment Managers was part of the AXA Group and grew to some $1.4 trillion in funds under management at the time ...