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Showing 601 - 610 of 17422 results for "Billion"

AustralianSuper risk lead jumps to rival

ELIZABETH FRY  |  THURSDAY, 19 FEB 2026
Skye Stevenson, former head of investment compliance and operational risk at AustralianSuper, has left the $410 billion fund to join Rest Super in a newly created Sydney-based role. Rest Super has appointed Stevenson general manager, investment governance. ...

Betashares hires marketing chief

ELIZABETH FRY  |  THURSDAY, 19 FEB 2026
... and merged its managed accounts business with InvestSense to form Trellia Wealth Partners. It now manages more than $75 billion in assets and serves over one million Australians across ETFs, managed accounts, superannuation and Betashares Direct. Herlihy ...

Oaktree sales exec lands at Ares

ELIZABETH FRY  |  THURSDAY, 19 FEB 2026
... acquired a minority stake in BlueCove in 2023. Since then, BlueCove's assets under management have grown from $1.8 billion to approximately $5.5 billion as at 30 September 2025. Including BlueCove, the Ares Credit Group managed $397 billion in assets ...

Super moves: Future Fund, NZ Super, Aware Super, VFMC

ELIZABETH FRY  |  THURSDAY, 19 FEB 2026
... likely to cross paths - the Authority and the Council are closely linked. Abu Dhabi Investment Council is owned by the $330 billion Mubadala Investment Company and invests globally on behalf of the Abu Dhabi government. It was originally part of ADIA ...

Super outflows persist but profits up at Insignia Financial

RIDDHIMA TALWANI  |  THURSDAY, 19 FEB 2026
Insignia Financial's Master Trust has posted net outflows of $1.5 billion in 1H26, an increase from $671 million in 2H25. "In the Master Trust business, advised and personal channel outflows remain challenging. We are progressing targeted initiatives ...

Equity Trustees places superannuation arm under review

JAMIE WILLIAMSON  |  THURSDAY, 19 FEB 2026
... of $20.5 million, up 67% on 1H25. Its total funds under management, administration and supervision now sits at $283.7 billion, an increase of 28% on the corresponding period. About $96 billion of this sits within the superannuation business, which saw ...

HUB24 posts record HY inflows, advisers on platform jump by 8%

RIDDHIMA TALWANI  |  THURSDAY, 19 FEB 2026
... reported a profit of $59.7 million in the first half of the financial year, up 80% from the previous year, and more than $10 billion in net inflows. It will pay a fully franked interim dividend of 36 cents per share for the period, doubling its dividend ...

Magellan profits fall, focuses on 'progress'

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
... Operating profit after tax was flat, coming in at $83.1 million and total assets under management were broadly stable at $39.9 billion. Investment management revenue was down 17% from $128.2 million to $106.9 million. Magellan declared an interim dividend ...

ASIC fines Fundhost for misleading fund performance

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
... platform to streamline its unit registry and fund administration operations. As at around June 2025, Fundhost oversaw $2 billion in assets.

Netwealth reports HY loss after $100m payment to First Guardian victims

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
... tax would have grown 19.9% to $69 million. Funds under administration (FUA) custodial inflows increased 10.7% to $16.4 billion in the first half and Netwealth reported closing FUA of $125.6 billion. Netwealth chief executive Matt Heine said despite the ...