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Showing 811 - 820 of 17425 results for "Billion"

DASH reshapes leadership team

ELIZABETH FRY  |  THURSDAY, 27 NOV 2025
... Integrated Portfolio Solutions - now trading as DASH Private - and a 314% increase in funds under administration to $18.7 billion for the 2025 financial year.

Super moves: ART, TCorp, Future Fund, QIC

ELIZABETH FRY  |  THURSDAY, 27 NOV 2025
... Super for over eight years, where his responsibilities included implementing derivative overlays. Before joining the $116 billion financial services partner to the NSW public sector, he took a 12-month gap year. Before working at the super fund, he spent ...

CareSuper exec joins Prime Super

ELIZABETH FRY  |  THURSDAY, 27 NOV 2025
... CareSuper head of risk has joined Prime Super in a similar role. Mathew Williamson has started a new role with the $8 billion superannuation fund, leading the risk and compliance function and reporting to Prime Super chief executive Raelene Seales. His ...

Australian Ethical Super handed extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 27 NOV 2025
... Capital, Macquarie Asset Management, Man Group, PIMCO Australia, and Infradebt. Combined, they managed close to $1.75 billion of the fund's total funds under management. "APRA expects trustees to have robust policies and procedures in place to uphold ...

Government cracks down on financial abuse via coerced directorships

RIDDHIMA TALWANI  |  THURSDAY, 27 NOV 2025
... context of domestic, family and sexual violence affects more than 2.4 million Australians and costs the economy around $10.9 billion per year. The consultation noted that majority of victim-survivors of financial abuse are women. Financial abuse, the ...

ASIC to monitor union redundancy funds

ELIZA BAVIN  |  THURSDAY, 27 NOV 2025
... regulator said that in 2003 fund operators had approximately $500 million under management; by 2015, this had grown to $2 billion by 2015. There is no more up-to-date information available on the sector's size, however, ASIC is aware that some funds ...

Superannuation assets jump to $4.5tn: APRA

KARREN VERGARA  |  WEDNESDAY, 26 NOV 2025
... trillion, surpassing the total assets of retail and public sector funds combined. Retail super funds' AUM of $883.7 billion rose 11% year on year, while public sector funds reached $606.9 billion, rising 7% annually. Corporate super funds with $37.5 ...

Super funds lagging RIC obligations: Pulse Check

ELIZA BAVIN  |  WEDNESDAY, 26 NOV 2025
... that meet the diverse needs of their members - and meet the law," she said. "Retirees collectively entrust almost $600 billion in savings to the stewardship of super trustees, who should uphold their confidence by focusing on retirement strategies that ...

CalSTRS secures US$190m settlement against Meta

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
The California State Teachers' Retirement System (CalSTRS) has won a landmark settlement against current and former directors and officers of Meta. The derivative lawsuit was brought to the Delaware Court of Chancery several years ago on behalf of Meta ...

Revolution AM appoints distribution lead to drive expansion

RIDDHIMA TALWANI  |  TUESDAY, 25 NOV 2025
... operations, marketing and product functions. He launched two new retail unit trusts at EGG, growing them to more than $1 billion in combined funds under management (FUM). Prior to EGG, Price spent 12 years at Challenger as a state manager, building the ...