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Showing 731 - 740 of 17422 results for "Billion"

Super funds' external fund manager spend hits $2bn

KARREN VERGARA  |  WEDNESDAY, 7 JAN 2026
Superannuation funds spent more than $1.9 billion on external fund manager fees last financial year, with nearly 60% of the amount going to equity fund managers, according to APRA figures. The prudential regulator's breakdown of super funds' ...

Temasek joins consortium to acquire Clearwater Analytics

KARREN VERGARA  |  TUESDAY, 6 JAN 2026
Temasek has joined a private equity consortium that will acquire Clearwater Analytics for US$8.4 billion ($12.5bn). The consortium led by private equity firms Permira and Warburg Pincus is offering US$24.55 per share for the NYSE-listed software company ...

Investors weigh risks amid Venezuelan crisis

ELIZA BAVIN  |  TUESDAY, 6 JAN 2026
... captured President Nicolas Maduro. Venezuela holds the world's largest proven oil reserves, estimated at more than 300 billion barrels, alongside substantial deposits of gold, iron ore, bauxite and strategic minerals. However, years of sanctions, underinvestment ...

Deutsche Bank shares surpass book value for first time since GFC

ELIZA BAVIN  |  TUESDAY, 6 JAN 2026
... said when announcing the bank's 2025 Q3 results. Deutsche Bank saw revenues increase by 7% year on year, reaching €24.4 billion. "We are now on the verge of delivering what we set out to do three years ago. If we continue with the same dedication ...

FEATURE | Recruitment: Laying foundations

RIDDHIMA TALWANI  |  MONDAY, 5 JAN 2026
... report shows the 22 largest funds now hold over 93% of the sector's total assets, with eight mega-funds exceeding $100 billion each. In the past three years the industry has seen the biggest wave of mergers - from the record-breaking QSuper-Sunsuper ...

Global sovereign wealth fund assets grow to $15tn

RIDDHIMA TALWANI  |  MONDAY, 5 JAN 2026
... assets under management by state-owned investors to rise to US$80 trillion by the end of 2030. SWFs deployed US$179.3 billion in 2025, a 35% jump from 2024, in 323 deals with an average ticket size of US$555 million. "State-owned investors continued ...

MetLife completes PineBridge acquisition

MATTHEW WAI  |  WEDNESDAY, 31 DEC 2025
... acquired PineBridge Investments from the Pacific Century Group. The combined business, which manages total assets of US$735 billion, will be led by MIM president Brian Funk. The acquisition reinforces MIM's institutional strength and scale by leveraging ...

ART takes 20% stake in Westfield Sydney, hands mandate to QIC

RIDDHIMA TALWANI  |  WEDNESDAY, 24 DEC 2025
... CBD, visited by more than 33 million customers every year and generating a total business partner sales in excess of $1.1 billion. The super fund with more than $350 billion in members' retirement funds said Westfield Sydney has consistently demonstrated ...

AirTrunk plants second data centre in Victoria

MATTHEW WAI  |  WEDNESDAY, 24 DEC 2025
... the city, to be known as MEL2. The new campus lifts AirTrunk's total planned investment in Victoria to more than $7 billion, while further aligning with the government's National AI Plan to draw more investments into infrastructure and artificial ...

Most read in 2025: Executive appointments

ELIZA BAVIN  |  TUESDAY, 23 DEC 2025
... chief executive of Australian Retirement Trust (ART), with Kathy Vincent to replace him. Anderson had only joined the $330 billion superannuation fund 18 months prior. Vincent took over the top job on October 1. She first joined ART two years ago as ...