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Showing 751 - 760 of 17118 results for "Billion"

Pacific Current FUM, earnings lower in FY25

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
... financial year with a $22.1 million impairment. Exits in Banner Oak Capital Partners and Carlisle Management Company saw $10.4 billion and $2.9 billion respectively lower FUM to $30 billion. Last December, PAC fully offloaded Banner Oak for $29.6 million ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... the changes and ensure portfolio management continuity," FSI said in a statement. As of December 2024, FSI managed $218 billion in assets. International outlets also report that research house Square Mile has removed ratings on several funds that were ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... by Spectrum's net inflows of $848 million. OneVue net outflows were $322 million. Praemium's total FUA of $64.3 billion marked an increase of 12% year on year. Last year, Praemium acquired OneVue from Iress for an upfront cash payment of $1 million ...

Regal sees inflows rise 120% to $1.9bn

ELIZA BAVIN  |  MONDAY, 25 AUG 2025
Regal Partners has reported funds under management to June 30 of $17.7 billion with new FUM inflows of $700 million in 1H25. Regal said this brings its 12-month net inflows to a record of $1.9 billion, up 120% on the prior corresponding period. Statutory ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... double-digit gains in the six months. At the head of the pack was HSBC, which grew its assets under custody by 17.2% to $107.34 billion. Its Australian assets under custody on behalf of local investors jumped 16% to $75 billion, and non-Australian assets ...

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... compliance and risk management costs for APRA-regulated funds have almost doubled - from $550 million in 2017-18 to $1.05 billion in 2024-25.

CareSuper adds three to investments team

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... investment professionals," Branton said. "We're a profit-to-member super fund with more than 580,000 members and over $59 billion in assets, with staff right across Australia who are passionate about supporting our members to retire with confidence." ...

Canaccord Genuity buys Wilsons Advisory

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... Wilsons will continue to be involved in the business, Canaccord Genuity said. The combined wealth operations will have $17 billion in fee-generating client assets and about $42 billion in funds under advice. Meantime, the merged capital markets division ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... statutory NPAT of $16.1 million - an improvement of $201 million on last year. Net revenues were also up, coming in at $1.4 billion, an increase of close to 5% on the prior corresponding period. Operating expenses were down 5.9% or $60 million. Over ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... 30, recording "exceptional growth" across all key metrics. Netwealth recorded funds under administration (FUA) of $112.8 billion, which was a 28.2% surge from FY24, while total income came in at $324.4 million, an increase of 27.1%. Its platform revenue ...