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Showing 921 - 930 of 17131 results for "Billion"

Global X scales higher on the ETF issuer podium

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
... Australia's largest ETF issuers, overtaking State Street, having vaulted its assets under management (AUM) past the $10 billion mark. Global X chief executive Alex Zaika said the firm has leapfrogged State Street and cemented its position as one of Australia's ...

Betashares names director of private assets

ELIZABETH FRY  |  THURSDAY, 19 JUN 2025
... client solutions group, focusing on institutional client management for Australia and New Zealand. He joined the $352 billion alternative investment manager in 2023. Previously, Fleiter led business development and consultant relationships for Australia ...

Wealth groups tap operations leads

ELIZABETH FRY  |  THURSDAY, 19 JUN 2025
... pursue a new chapter in her career. "During my tenure, we achieved a 2.9x growth in Assets Under Management (AUM) to $10.3 billion, thanks to securing global institutional mandates, establishing a presence in Hong Kong, Singapore, and the U.S., and expanding ...

En garde: New fund eyes Vanguard, Betashares' turf

ANDREW MCKEAN  |  THURSDAY, 19 JUN 2025
... thinking of launching. He did, however, note that broad-based Australian equity ETFs continue to lead flows, drawing $3.6 billion year-to-date and more than $7 billion over the past year. Next were global core equity ETFs, with $2.8 billion in flows ...

Australian wealth increases despite variable global growth: UBS

MATTHEW WAI  |  THURSDAY, 19 JUN 2025
... wealth transfers from one generation to the next and within the same generation (from widow/er to spouse) to reach US$170 billion ($261bn) over the next few decades, or 1.6% of the country's total personal wealth," UBS said.

New SMSF industry body launches

KARREN VERGARA  |  THURSDAY, 19 JUN 2025
... audit-challenging," she said. The Tech Council of Australia estimates that the digital assets sector could add up to $60 billion to Australia's GDP by 2030. Brunette said: "We process thousands of SMSF crypto tax reports and see firsthand where users ...

Future Fund cleared to manage select asset classes in-house

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
Future Fund chair Greg Combet said that the $300 billion sovereign wealth fund has received the green light from the government to manage a portion of its portfolio internally, speaking at a Committee for Economic Development of Australia (CEDA) event ...

L1 Capital, Platinum merger inches closer to reality

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JUN 2025
... Platinum saying it still believes the move would deliver shareholder value. Once combined, the firm would have about $18 billion in funds under management. Some $8.3 billion of this would come from Platinum, which is about $1.3 billion less than it had ...

Geopolitical risks force family offices into alternatives, cash: Survey

KARREN VERGARA  |  WEDNESDAY, 18 JUN 2025
... their investment portfolios," he said. Many of the 175 single-family offices surveyed, which collectively have US$320 billion in assets, want to collaborate with external partners, especially when it comes to private markets. More than half noted gaps ...

Rest pilots Payday Super tech, moves to implement

JAMIE WILLIAMSON  |  TUESDAY, 17 JUN 2025
The $93 billion super fund will now work with its administrator to implement the Wrkr employer services platform in preparation for Payday Super. Rest completed a trial of Wrkr's employer services platform alongside MUFG Retirement Solutions, Rest employers ...