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Showing 811 - 820 of 8106 results for "Total"

Insignia rejects Bain Capital takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... MLC and OnePath businesses, with the transition to be finalised in 2025. BNP Paribas ranks fifth among providers regarding total assets under custody for Australian investors, with $481 billion.

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... public that the fund had "took the plunge" into crypto, with its exposure to digital assets now accounting for 0.05% of its total assets under management - $57 billion. Flegg said crypto had "become too big, and its potential was too great to continue ...

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... face additional taxes and also suggested that extra taxes may be possible. If additional taxes are applied, Perpetual's total tax bill could rise to an estimated $488 million, not including penalties and interest. This would push the previously estimated ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
... three had appropriate or 'favourable' valuation governance frameworks. These were all large funds, representing 31% of the total in-scope funds under management (FUM) and close to six million member accounts. Twelve trustees were given an 'amber' rating ...

Betashares terminates nine funds

ANDREW MCKEAN  |  MONDAY, 16 DEC 2024
... step in the evolution of our growing product range" and noted that the impacted funds account for just over 0.2% of its total funds under management, which has surged to more than $46 billion. Despite the closures, some funds have delivered strong performance ...

Australia home to 43 billionaires: UBS

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... This compares with a rise of 49% in the male population, which stands at 2338. In aggregate, billionaires increased their total wealth by 121% during the period. Their fortunes more than doubled from US$6.3 trillion to US$14 trillion. Those who work ...

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... ETFGI reported that by the end of November, the global ETFs industry saw a record US$1.67 trillion in net inflows and a total of US$15.12 trillion in assets. November alone saw net inflows of US$219.95 billion, contributing to the year-to-date total ...

Venture capital exits expected to grow in 2025: Preqin

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... but the year wasn't without its hurdles, according to research from Preqin. Over the course of 2024, 800 funds raised a total of US$84.8 billion by Q3, compared to 1645 funds raising US$135.9 billion in 2023. Asia Pacific (APAC) accounted for US$1.6 ...

Active Super transfers members to Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
... issued to Active Super by Challenger Life. According to APRA data, about 190 members currently hold the product, with a total just over $15 million in funds under management. Active Super explained that the Guaranteed Income products are not being included ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... behalf of 21 original group members. Just prior to settlement another 10 joined the class action, giving a result for 31 in total. While the settlement amount is still confidential, lead lawyer for the class action Michael Chapman told Financial Standard ...