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Showing 671 - 680 of 17118 results for "Billion"

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
... just one obtained reasonable assurance as to the value of investments, it said. The auditors it reviewed audited $286 billion of investments; the reliability of valuations for some $102.5 billion of the total were not adequately tested. ASIC said often ...

Explosive rise in claims drives new TPD solution for Acenda

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
... data from the Council of Australian Life Insurers highlighted that mental illness payouts have ballooned to over $2.2 billion in the past year, positioning mental health as the leading cause of TPD claims. The Life Code Compliance Committee has also ...

Australia misses out on global dividends growth

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
... world, the report said. Meanwhile, the US made the most substantial contribution, owing to its sheer size, to the $108.3 billion (US$71.3bn) increase over the previous corresponding period in global H1 payouts. The nation's core dividend growth rate ...

Hostplus slams Lendlease over $2bn fund

ELIZA BAVIN  |  TUESDAY, 30 SEP 2025
Hostplus has blasted Lendlease over its governance of the $2 billion Australian Prime Property Fund - Industrial (APPFI). The $130 billion super fund has been attempting to oust Lendlease as the manager of the APPFI and instate Mirvac in its place. ...

Norges Bank commits over $2bn to energy transition fund

MATTHEW WAI  |  MONDAY, 29 SEP 2025
Norges Bank Investment Management (NBIM), the investment management arm of Norges Bank, has committed $2.3 billion (US$1.5bn) to Brookfield Asset Management's Global Transition Fund II (BGTF II) to expand its current mandate from the government. The ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
... competition and tepid investor interest. Meanwhile, Raiz Invest and Stockspot are bucking the trend. Raiz recently hit $1.8 billion in funds under management (FUM), emboldened by a 4.6% ownership stake State Street Investment Management formalised last ...

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI  |  THURSDAY, 25 SEP 2025
... innovate but constrained by regulatory uncertainty. This framework finally provides the clarity and confidence our $3+ billion sector has been calling for," Jiang said. "Institutional adoption of blockchain, stablecoins and asset tokenisation is accelerating ...

More than 75% of asset owners wary of trade disputes

ANGELIQUE MINAS  |  WEDNESDAY, 24 SEP 2025
... (22%), insurance general accounts (16%), and pension funds (16%). Australian respondents represented a collective US$34 billion assets under management. Findings indicated an upswing in Australian asset owners prioritising climate action when developing ...

S64, Vista Equity Partners roll out unit trust

KARREN VERGARA  |  WEDNESDAY, 24 SEP 2025
... local wealth advisory platforms, wholesale and advised retail investors in early 2026. Vista Equity Partners has US$100 billion in assets, targeting enterprise software, data and technology companies that range from small-to mid-caps. Some of its investments ...

Shield collapse brings wholesale governance to the forefront

RIDDHIMA TALWANI  |  WEDNESDAY, 24 SEP 2025
... the adviser community amid the fallout of the two failed schemes. About 12,000 retail investors have lost more than $1 billion from the two managed investment schemes. "People are talking about governance a lot more already. It's interesting to see ...