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Showing 731 - 740 of 17118 results for "Billion"

Platinum client yanks $580m

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... during those months," Platinum said in an ASX update. Platinum's funds under management (FUM) whittled down 39% to $7.9 billion in the 12 months to June. About $5.6 billion in net outflows left the fund manager during the period. The redemptions ...

Praemium partners to offer more global options

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... inflows of $610 million for the period. In total, Praemium's funds under administration increased 12% year on year to $64.3 billion.

Clime investments chief resigns

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... accountability across the business," Baragwanath said. The group's funds under management, advice and mandates grew to $1.7 billion from $1.6 billion year on year. Clime's private wealth business operates through Clime Private Wealth, MTIS Wealth ...

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... million in the 2025 financial year, according to the latest APRA figures. While revenue only rose 1% year on year to $5.9 billion, profit after income tax jumped by 210% to $116 million. Investment performance of $2.1 billion played a key role in driving ...

Real estate private credit market tips towards $153bn

MATTHEW WAI  |  MONDAY, 1 SEP 2025
... of Asia Pacific Real Estate Private Credit report, compiled by CapitaLand Investment, the local market should hit $153 billion in the next three years. At the end of 2024, it stood at $85 billion. The report said institutional investors are shifting ...

TCorp chief executive retires, successor named

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
... general manager, financial markets Rob Kenna, effective from 5 December 2025. Kenna is responsible for the state's $198 billion balance sheet and funding programme and oversees the $11 billion NSW Sustainability Bond Programme. "Rob is an outstanding ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... asset allocation. MySuper holds the lion's share of member savings with $1.2 trillion. Non-platform TDPs have $432 billion and platform TDPs have nearly $20 billion, while non-platform EDPs have $13.6 billion. "SPS 515 requires trustees to embed ...

K2 Asset Management seeks M&A partners

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
As funds under management (FUM) hits nearly $5 billion, K2 Asset Management (KAM) flagged it is "now actively exploring mergers and acquisitions". KAM's responsible entity (RE), trustee and administration business drove FUM growth in the 12 months ...

Government scraps inquiry into advice firm failures, Dixon Advisory

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025
... particularly in the light of recent news about the collapse of Shield and First Guardian, potentially involving over $1 billion in consumer losses from their super," FAAA chief executive Sarah Abood said. "This scandal makes it clear that the issues ...

Australian Unity reveals profit turnaround

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
In the year to 30 June 2025, Australian Unity reported consolidated revenues of $2.6 billion, up $505.6 million. Adjusted EBITDA from continuing operations was $136.2 million, an increase of $65.8 million, and statutory profit after tax of $26.6 million ...