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Showing 951 - 960 of 17429 results for "Billion"

ETF market hits $300bn milestone early

MATTHEW WAI  |  FRIDAY, 10 OCT 2025
The Australian exchange-traded fund (ETF) market has seen explosive growth, now passing the $300 billion mark and hitting its milestone well before it was anticipated to, according to various sources. In July, total assets under management (AUM) reached ...

GCQ adds sales director

ELIZABETH FRY  |  THURSDAY, 9 OCT 2025
... distribution capability alongside significant growth in funds under management. The firm now manages a little over $1.8 billion for family office and advised retail which is mostly high net worth) investors. This includes $220 million in its ETF (GCQF) ...

Rest Super deputy CIO lands new gig

ELIZABETH FRY  |  THURSDAY, 9 OCT 2025
... leaders after Simon Esposito resigned from his role as head of private markets and deputy chief investment officer. The $93 billion superannuation fund for retail workers, confirmed it is currently working through its recruitment process to fill Esposito's ...

Soul Patts focused on 'bespoke' private sector investing

MATTHEW WAI  |  THURSDAY, 9 OCT 2025
... increased its private asset allocation since the merger of LIC Milton in 2021. Soul Patt's portfolio - containing $13.2 billion in net asset value as at September 25 - has evolved from less than 11% of private assets in September 2021 to 50% in September ...

Netwealth separates itself from First Guardian: 'A case of fraud'

ELIZA BAVIN  |  THURSDAY, 9 OCT 2025
... commenting on First Guardian, Netwealth reported total funds under administration (FUA) as at 30 September 2025 of $120.8 billion - marking a 26.6% increase on the prior corresponding period. Total FUA increased by $8 billion in the September quarter ...

Payday super laws introduced to parliament

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... Members Council (SMC) said the law will be a gamechanger in tackling unpaid super which now costs Australian workers $5.7 billion a year. "The introduction of payday super legislation has been a long time coming, it's time to get this done," SMC chief ...

State Super offloads investment team to Frontier Advisors

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
... closed to new members in 1992 and faces limited growth prospects. It currently has more than 80,000 members and manages $38 billion of retirement savings. The deal has been in the works for the last 18 months. "The boards of both State Super and Frontier ...

Controversial US policy to benefit Australia

ELIZA BAVIN  |  WEDNESDAY, 8 OCT 2025
... direct impact on tariffs on Australia is relatively small given the US made up only 4.6% ($24.4bn) of Australia's $517 billion total goods exports in 2024. Additionally, the US currently imposes a 10% tariff on Australia, which is the lowest of all countries ...

HESTA hits $100bn in assets

RIDDHIMA TALWANI  |  WEDNESDAY, 8 OCT 2025
HESTA has surpassed $100 billion in funds under management, which it hopes will help to bring down costs and deliver sustainable returns. HESTA's chief executive Debby Blakey said the increased scale helps the fund to access a larger and more diverse ...

ETF adoption 'intensifies': VanEck

ELIZA BAVIN  |  WEDNESDAY, 8 OCT 2025
... In 2023, only two months cleared $500 million. Last year, this surged to nine months, with four months crossing the $1 billion threshold for the first time. This year has been softer with the broader markets pullback, however six out of eight months ...