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Showing 871 - 880 of 17133 results for "Billion"

MA Financial gives $200m to legal finance platform

MATTHEW WAI  |  TUESDAY, 15 JUL 2025
... demand with 40% increase in applications per year. The company has also helped settle and facilitate the division of $1.3 billion in relationship property assets during the period, it added. JustFund said MA Financial's involvement comes at a critical ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... statistics, there are 92,920 members in the Accumulation Choice product investing in the Super Savings MySuper with $4.5 billion. In the Lifecycle Investment Strategy product, there are nearly 1.9 million MySuper members with $86.6 billion. Zurich Australia ...

Betashares acquires InvestSense, launches Trellia Wealth Partners

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... acquiring managed accounts business InvestSense to create Trellia Wealth Partners out of the deal. Trellia will have about $8 billion in funds under management and will operate as a standalone business, of which Betashares will contribute $3 billion. ...

Superannuation is Australia's 'productivity engine': ASFA

MATTHEW WAI  |  MONDAY, 14 JUL 2025
... productivity in key areas such as enterprises, infrastructure, and technologies. This is equivalent to approximately $40 billion in new financial capital from institutional super each quarter, which must be deployed into new investments, ASFA said. ASFA ...

BNP Paribas names two new global heads

ELIZA BAVIN  |  FRIDAY, 11 JUL 2025
... Assets, in addition to her current role as global head of AXA IM Alts. The combined structure brings together over $533 billion (€300 billion) in alternatives AUM, across real estate, infrastructure, private debt and alternative credit, and private ...

Mental illness payouts balloon over $2.2bn: CALI

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... Australians are leaving work permanently due to mental ill health than ever before with insurers paying out over $2.2 billion in mental health claims last year, according to new data from the Council of Australian Life Insurers (CALI). CALI said mental ...

TelstraSuper Balanced option makes 9.3%

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... in the median balanced option." APRA's March statistics show that TelstraSuper has 98,100 members with savings of $26.7 billion. Members have a median balance and age of $146,695 and 53 years old. In May, TelstraSuper terminated the potential merger ...

Blue Owl adds to local team

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
... where she was a director within the private equity giant's partner and client group. The appointment comes as the $250 billion alternative asset manager announced a partnership with Koda Capital to launch a US diversified direct lending strategy ...

Praemium scores mandate, sees FUA rise $6bn

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... more than 2200 client portfolios. The partnership will see Praemium's funds under administration (FUA) grow by $6 billion to around $68 billion post onboarding. It is also expected to see the acceleration of the Scope+ total FUA by 19% and a 23% ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... field." "Recent research suggests potential economic gains in markets and cross border payments could be in the order of $19 billion per year. Project Acacia is a significant step towards realising these gains, by providing evidence on the forms of money ...