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Showing 651 - 660 of 17118 results for "Billion"

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
... review of platforms it commenced earlier this year, looking at those collectively responsible for about 95% of the $397 billion in super platform assets. APRA identified numerous weak practices among trustees in relation to onboarding, ongoing monitoring ...

Aware Super, TelstraSuper advance merger plans

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
... moved to the next stage of their merger plans, signing a binding Heads of Agreement to create an entity with nearly $235 billion in assets. Providing an update to its members, TelstraSuper chief executive Chris Davies said joining Aware Super will lead ...

Aussie family office chiefs earn up to US$625k

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
... fourth-generation money. More than a third of the Australian family offices surveyed have between US$501 million and US$1 billion in funds under management (FUM). KPMG Australia partner for family business and private clients Robyn Langsford said that ...

Eildon recommends Samuel Terry takeover

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
... Terry currently owns 63.08% of Eildon. It is the trustee for the Samuel Terry Absolute Return Active Fund, which has $1 billion in assets under management. Eildon's committee argued that the takeover is also "fair and reasonable" given the limited liquidity ...

ASIC approval puts Cboe, ASX on level playing field

MATTHEW WAI  |  TUESDAY, 7 OCT 2025
... Australian economy." Cboe Australia currently accounts for 20% of Australia's equity market turnover, representing nearly $2 billion in daily trades. This comes as the ASX is looking to fast-track the IPO process to boost listings in June, initiating ...

Clime gains ground on culture, business model reset

KARREN VERGARA  |  FRIDAY, 3 OCT 2025
... million and $1.9 million in FY24 and FY23 respectively. It recently grew funds under management, advice and mandates to $1.7 billion, offering individually managed accounts, managed funds and separately managed accounts. What Baragwanath is also prioritising ...

Platinum LIC turns down WAM bid

KARREN VERGARA  |  FRIDAY, 3 OCT 2025
... Unilever and AstraZeneca. Platinum shareholders recently voted in favour of merging with L1 Capital to create a $16.5 billion entity. Platinum completed its merger with L1 Capital on October 1. The new entity began trading as L1 Group under ticker code ...

Australia dominates APAC real estate private credit raisings

MATTHEW WAI  |  FRIDAY, 3 OCT 2025
... Bridging the Gap report, Australia now leads in regional activity in raising for the sector, capturing 40% of the $17.0 billion (US$11.2bn) raised in APAC between 2020 and 2024, followed by India (36%), South Korea (11%) and Japan (5%). The Knight Frank ...

Super Moves: ANZ Staff, Aware, Equip, ART, VFMC

ELIZABETH FRY  |  THURSDAY, 2 OCT 2025
... left by Ruwanie Dias, who took up a role as global head of externally managed funds at QBE Insurance. Leong joins the $7 billion corporate fund from Frontier Advisors, where he spent over 22 years, most recently as principal consultant. He initially ...

CareSuper, MIESF finalise merger

JAMIE WILLIAMSON  |  THURSDAY, 2 OCT 2025
... complete. The merger was effective yesterday, with CareSuper taking on MIESF's almost 17,000 members and about $1.1 billion in funds under management. Financial Standard understands several MIESF staff have moved over to CareSuper for the long term ...