Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 17081 results for "Billion"

AustralianSuper hires head of AI

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2026
AustralianSuper said the newly created role will help align autonomous agents with human intent. The $410 billion super fund has named its first head of AI and automation in a newly created role. Sarah Carney joins AustralianSuper from Microsoft where ...

Federated Hermes launches global equity fund

VINNY VUCAGO  |  WEDNESDAY, 20 MAY 2026
... maintaining balanced exposures," Lode said. The strategy has been managed since 2007 and oversees approximately US $5.8 billion in assets globally. Associate director of business development Liz White said the launch reflects growing demand among Australian ...

Bell Financial launches Tandem Capital

VINNY VUCAGO  |  WEDNESDAY, 20 MAY 2026
... rebounds. According to Reserve Bank of Australia data cited by the firm, the value of margin loans increased to about $16.8 billion in December 2025, up from just over $15 billion three months earlier. Chris Fox, manager director of Bell Potter Capital ...

Investor demand for infrastructure asset mandates intensifies: bfinance

MATTHEW WAI  |  TUESDAY, 19 MAY 2026
... with fundraising effectively stalling in Europe and only a handful of US focused funds reaching closes above the US$1 billion mark, reflecting the pressure of persistently high interest rates," the report said. "Against this backdrop, private equity ...

Tokenisation could inject $24bn annually: Project Acacia

MATTHEW WAI  |  TUESDAY, 19 MAY 2026
... asset ecosystem in Australia, has completed its experimental and research phase, which has the potential to deliver $24 billion in annual economic gains while fostering stronger public-private collaborations, the entities said. The project included the ...

Mulino targets retail investor protections, high-risk MISs: SIAA

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... the large-scale Shield and First Guardian Master Fund collapses - MIS structures that housed and put at risk about $1 billion of investor money. An additional $7.6 million was committed to ASIC, Treasury and the Auditing and Assurance Standards Board ...

Super funds get ahead of proposed minimum service standards: KPMG

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... basis declined from 0.23% to 0.22% thanks to strong growth in assets under management (AUM). Super funds with AUM over $50 billion reported average cost per member of $232, up from $217 year on year. Those between $10 billion and $50 billion in AUM charged ...

Future Fund makes two new appointments

ELIZA BAVIN  |  MONDAY, 18 MAY 2026
... year to 31 March 2026, following the introduction of the updated Investment Mandate, the fund made a return of over $28 billion, or 11.7%. This follows returns of 12.2% in 2024 and 8% in 2023. The Future Fund also achieved a 10-year return of 8.6%, above ...

Combating modern slavery difficult but not impossible: RIAA

KARREN VERGARA  |  MONDAY, 18 MAY 2026
... As part of this, international students alone are estimated to be short-changed by about $61 million every week or $3.2 billion per year. The Migrant Justice Institute overwhelmingly found employers that do not issue or provide misleading payslips, deny ...

Plato launches global shares ETF

MATTHEW WAI  |  MONDAY, 18 MAY 2026
... Plato Income Maximiser Limited (ASX: PL8) and the Plato Global Alpha Fund Complex ETF (ASX: PGA1), taking Plato to over $2 billion of funds under management (FUM) in their suite of listed fund solutions, it said. The firm's total firm FUM is $23.6 billion. ...