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Showing 511 - 520 of 17105 results for "Billion"

Brookfield enters $154bn partnership with NVIDIA, Kuwait SWF

ELIZA BAVIN  |  THURSDAY, 20 NOV 2025
Brookfield has announced the launch of a $154 billion (US$100bn) global AI infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority (KIA). This comes as NVIDIA exceeded expectations when it reported third-quarter revenues ...

Conaghan holds ASIC accountable for Shield, First Guardian mess

KARREN VERGARA  |  THURSDAY, 20 NOV 2025
... Financial Advice Association Australia (FAAA) Congress, saying ASIC has let down 12,000 Australians who lost an estimated $1 billion to $1.2 billion. While it is apparent that there are many links in the chain - from the ratings houses to super funds ...

Delaying reforms to YFYS test, RG97 costing members: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 19 NOV 2025
... additional 54 basis points of value, the report reads. The report suggests there is an additional collective investment of $54 billion into private equity and venture capital that could be made, aligning super funds with the investments made by global ...

Resilience more important than growth: Arndt

ELIZA BAVIN  |  WEDNESDAY, 19 NOV 2025
... ambition." Arndt admitted building resilience was not easy and required Australia's sovereign wealth fund to turn over $290 billion across its portfolio since 2021. "Through the New Investment Order framework, we concluded in 2021 we identified that ...

L1 Group aims for $35m in cost reductions post-merger

RIDDHIMA TALWANI  |  TUESDAY, 18 NOV 2025
... confidence in achieving our previously announced synergy targets," he added. The merged entity L1 Group has just under $17 billion in funds under management (FUM). "In the near-term, our priorities for the merger are clear: deliver the cost synergies ...

Japanese insurer acquires stake in Barings

JAMIE WILLIAMSON  |  TUESDAY, 18 NOV 2025
... Insurance Co., will acquire 18% of Barings from MassMutual. MassMutual will continue to own 82%. The deal is valued at US$1.44 billion. "We are pleased to have the opportunity to invest in Barings. Forming a new strategic partnership with Barings-an ...

AMP announces senior hire for North

ELIZA BAVIN  |  MONDAY, 17 NOV 2025
... deliver great outcomes for their clients." In October, AMP reported a rise of 61.6% in its platform net cashflows to $1.2 billion, up from $750 million last year. Platform assets under management also increased to $86.9 billion in the quarter. "In Platforms ...

NZ Super Fund appoints people and culture lead

ANGELIQUE MINAS  |  MONDAY, 17 NOV 2025
... are well set up to manage our expected growth," she said. "With Treasury currently forecasting our value will top $150 billion in 10 years' time, it's essential we have the right people and the right structures in place to achieve our objectives." Cheffins ...

Former ASIC chair, FASEA chief launch trustee

JAMIE WILLIAMSON  |  MONDAY, 17 NOV 2025
... Equip Super and Diversa. The group is also in talks with several other small funds and expects to transition about $7 billion in funds under management next year. Commenting on the launch, Shipton said: "We are entering a time when members, funds and ...

AustralianSuper's 'ambitious' advice goal

ELIZA BAVIN  |  FRIDAY, 14 NOV 2025
AustralianSuper head of superannuation and investment products Dena Brockie said the $380 billion super fund is aiming to provide personalised guidance to all its members by 2035. Speaking at the ASFA Conference 2025, Brockie said the super fund is ...