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Showing 491 - 500 of 17422 results for "Billion"

Magellan, WAM suffer due to Iran conflict

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2026
... WAM Leaders investment portfolio decreased during the month, while Magellan saw assets under management drop from $39.9 billion to $37.5 billion. "The broader market sell-off was driven by escalating Middle East tensions and the resulting oil shock," ...

Treasury proposes lead generator, super switching reforms

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... members to higher-risk products and inadequate diversification, resulting in significant losses that peaked at about $1 billion. Many of the victims were contacted by lead generators to switch their superannuation fund to Shield and First Guardian. Minister ...

Treasury opens CSLR funding, sustainability consultation

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... fallout from the Shield and First Guardian master fund collapses that impacted 11,000 super members and put more than $1 billion of their savings at stake. Running in parallel are the enhancing member protections in the superannuation system consumers ...

Viridian targets double-digit growth

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2026
... Shahien said Viridian's investment offering through Infinity will also continue to expand. It now has more than $6 billion in funds under management. "We're seeing increasing demand from advisers for businesses to take greater responsibility ...

Dimon warns private credit crisis will hurt retail investors most

KARREN VERGARA  |  TUESDAY, 7 APR 2026
... chief executive Larry Fink doubled down on private markets opportunities, saying the fund manager aims to raise US$400 billion from infrastructure, private credit and alternatives by 2030.

AQR picks SG Hiscock & Company as distribution partner

KARREN VERGARA  |  TUESDAY, 7 APR 2026
... Over a 10-year period, it made 4.6% p.a. in net returns against the benchmark's 2.1% p.a. The fund had more than $1 billion in assets under management at the end of February. Some of the fund's investments include fixed income Eurodollar futures ...

Challenger injects $3.7bn in BOQ, bolsters private credit book

KARREN VERGARA  |  TUESDAY, 7 APR 2026
Challenger has injected Bank of Queensland (BOQ) with $3.7 billion of capital via a whole-of-loan sale as it ramps up its private credit push. The $3.7 billion will be used to reduce BOQ's debt funding by about $3.4 billion and return $300 million ...

Canadian pension fund backs NEXTDC

RIDDHIMA TALWANI  |  TUESDAY, 7 APR 2026
NEXTDC has launched a $1 billion wholesale offer of subordinated hybrid securities, supported by a binding commitment from La Caisse, the Quebec-based pension provider. The hybrid notes will have a non-call period of five years and a maturity of 100 ...

Former Macquarie Private Bank adviser joins Aura Group

MICHELLE BALTAZAR  |  THURSDAY, 2 APR 2026
... perspective to our wealth management platform." Aura Group has offices in Singapore and Australia, and manages more than $1 billion in funds under management and advice. It offers investment strategies in private credit, private equity, venture capital ...

Orbis appoints ex-Antipodes Partners investment director

MICHELLE BALTAZAR  |  THURSDAY, 2 APR 2026
... senior investment analyst at Platinum Asset Management, covering Asian equity markets. Globally, Orbis Investments $80 billion in assets.