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Showing 41 - 50 of 17411 results for "Billion"

Robeco pitches Enhanced Indexing strategy to instos

KARREN VERGARA  |  MONDAY, 19 OCT 2026
... to the benchmark, manages risk deliberately, and can be tailored to their own requirements." Robeco manages about $60 billion of assets in Australia. Globally, it has $450 billion in total assets under management.

Mercer reshapes fund manager lineup for fixed income strategy

KARREN VERGARA  |  MONDAY, 19 OCT 2026
... longer be part of the investment bench for the Mercer Australian Sovereign Bond Fund Class 1. The strategy has nearly $2 billion in funds under management. Mercer said it is changing the appointed external fund managers as a result of finalising a review ...

TAL launches takeover bid for Challenger

ELIZA BAVIN, VINNY VUCAGO  |  MONDAY, 19 OCT 2026
... does not already own in Challenger for $11.80 per share via a scheme of arrangement - valuing the deal at around $7.8 billion. "No binding agreement has been reached. The proposal is non-binding and any transaction would be subject to, amongst other ...

Pacific Equity Partners acquires FleetPartners

ELIZA BAVIN  |  MONDAY, 19 OCT 2026
Pacific Equity Partners (PEP) will acquire ASX-listed FleetPartners for around $1 billion, after a bidding war with Japan-based Orix and Sumitomo Corporation. Under the deal, SG Fleet Management - a mobility solutions provider owned and controlled by ...

AustralianSuper picks up co-investors' stakes in Perth Airport

MATTHEW WAI  |  MONDAY, 19 OCT 2026
... including agreements with Qantas, increased services to select international locations, and the delivery of its multi-billion-dollar One Airport capital program. After the transaction, AustralianSuper has the second largest stake in Perth Airport behind ...

Swedish PE giant EQT takes Cleanaway private in $9.3bn deal

RIDDHIMA TALWANI  |  MONDAY, 19 OCT 2026
... acquire ASX-listed Cleanaway Waste Management and take it private in a deal valuing the waste management giant at $9.3 billion. EQT will pay $3.095 in cash for each share, a premium of 32.1% to the closing price of Cleanaway on August 12, the last trading ...

Praemium's new leadership toughens earnings yardstick

RIDDHIMA TALWANI  |  FRIDAY, 16 OCT 2026
... substantial market opportunity," Orrock said. The platform reported funds under administration (FUA) jump of 7.4% to $34.4 billion in the quarter. The platform is currently midway through a technology overhaul, Orrock called "P2," whose first release ...

Australian Ethical FUM drops by $70m

RIDDHIMA TALWANI  |  FRIDAY, 16 OCT 2026
... million for the quarter, up on the corresponding period last year. The total funds under management (FUM) came to $14.43 billion in the quarter, a drop of $70 million from the $14.5 billion it reported at the end of FY26. "The first quarter demonstrated ...

Integro appoints first Queensland private wealth adviser

VINNY VUCAGO  |  FRIDAY, 16 OCT 2026
... as Integro's first on the ground adviser in Victoria earlier this year. The expansion comes after the firm surpassed $1 billion in funds under advice, reflecting its growing national footprint. Integro managing partner Justin Gilmour said Queensland ...

Netwealth reports record $36bn FUM in Q1

MATTHEW WAI  |  THURSDAY, 15 OCT 2026
... of the financial year, with both funds under administration (FUA) and funds under management (FUM) increasing by $3.4 billion and $2.4 billion, respectively. Market movements also contributed $0.8 billion to FUA during the quarter, lifting the total ...