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Showing 691 - 700 of 17118 results for "Billion"

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
... Guardian and Shield Master Fund scandals. The regulator estimates that First Guardian and Shield have lost more than $1 billion in investors' money. ASIC has since banned several financial advisers and frozen assets of directors, such as Ferras Merhi. ...

Koda Capital names first partner from career program

STAFF WRITER  |  THURSDAY, 18 SEP 2025
... commitment to growing future leaders from within," said the firm on a LinkedIn post. Koda Capital manages more than $14 billion in funds under advice and has offices in Melbourne, Sydney, Brisbane and Perth. The group has 54 partners and each adviser ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
... before victims receive any distributions, and "the final distribution may take many years." In all, it's estimated $1.2 billion in retirement savings has disappeared. While many who were defrauded have lodged formal complaints with the Australian ...

Macquarie considered acquiring Carlyle: Reports

ELIZA BAVIN  |  THURSDAY, 18 SEP 2025
... request for comment. Macquarie sold its European and North American public investments business to Nomura in April for $2.8 billion. Macquarie said it would retain its public investments business in its home market of Australia and continue to operate ...

Aura Group explores ASX listing, appoints advisers

RIDDHIMA TALWANI  |  THURSDAY, 18 SEP 2025
... continue to expand our platform and capabilities," Aura co-founder and managing director Calvin Ng said. With more than $1.3 billion in funds under management and advice, the alternative fund manager offers venture capital, private equity, digital assets ...

Greece launches new innovation, infrastructure fund

JAMIE WILLIAMSON  |  WEDNESDAY, 17 SEP 2025
... sovereign wealth fund. The development of the fund has been in the works for some time, with Greece looking to raise €5 billion as part of its economic recovery plan. BlackRock Financial Markets Advisory was appointed in 2023 to advise Greece on how ...

Brighter Super investments chief to step down

KARREN VERGARA  |  WEDNESDAY, 17 SEP 2025
... 40-year career in finance. Brighter Super chief executive Kate Farrar thanked Rider for his leadership in constructing a $35 billion portfolio following the merger of LGIAsuper and Energy Super and the acquisition of Suncorp Super. "Mark has done an ...

Supply and demand dynamics shift PE secondaries landscape: bfinance

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... volume in 2024 compared to 2023, and the volume in the first half of 2025 remains strong with deals reaching over US$100 billion over the period, the report said. In the segment, investors can access secondaries directly or through various fund types ...

Zenith names portfolio solutions lead

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
... governance practices in an increasingly complex and regulated environment." Zenith's portfolio solutions business has nearly $6 billion in funds under management. Zenith general manager and group head of product and data Matthew Warren said: "During ...

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
... processed. Cbus estimated the financial loss impacting members came to about $20 million. As part of the overhaul, the $101 billion super fund will change its trust deed to introduce digital non-lapsing binding beneficiary nominations. The option to ...