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Showing 971 - 980 of 17429 results for "Billion"

CareSuper, MIESF finalise merger

JAMIE WILLIAMSON  |  THURSDAY, 2 OCT 2025
... complete. The merger was effective yesterday, with CareSuper taking on MIESF's almost 17,000 members and about $1.1 billion in funds under management. Financial Standard understands several MIESF staff have moved over to CareSuper for the long term ...

APRA warns of super fund sustainability challenges

JAMIE WILLIAMSON  |  THURSDAY, 2 OCT 2025
... $1.2 trillion in assets; by member accounts, it's 50%. In comparison, 50% of super funds have net assets of less than $8 billion and less than 98,000 members each. They collectively command just 4% market share by both assets and accounts. APRA said ...

QIC delivers $9.6bn for Queensland

ELIZA BAVIN  |  THURSDAY, 2 OCT 2025
QIC delivered record FY25 results of $9.6 billion to its Queensland government clients in FY25, taking total earnings for the state to more than $22 billion since 2022. QIC said despite fluctuating market conditions during the financial year, assets ...

Brookfield raises $4bn for new alts fund

ELIZA BAVIN  |  THURSDAY, 2 OCT 2025
Brookfield has raised more than $4 billion for the first closing of the Brookfield Infrastructure Debt Fund IV (BID IV). The fund targets high yield debt investments for infrastructure assets and businesses backed by regulated, contracted, or concession-based ...

Hamilton Lane sets up global venture capital fund

RIDDHIMA TALWANI  |  THURSDAY, 2 OCT 2025
... part of the private markets," Hamilton Lane head of global client solutions James Martin said. With approximately $986 billion in assets under management, Hamilton Lane will invest in disruptive technologies and innovative businesses through the fund. ...

IFM Investors exits Australian PE strategy

RIDDHIMA TALWANI  |  THURSDAY, 2 OCT 2025
... imaging across NSW, and Render Networks, providing SaaS solutions in the telecommunications infrastructure market. Just $1 billion was invested in the private equity portfolio, representing 0.4% of IFM Investors' total capital allocation. It has $125 ...

Managed portfolios now the default: AMP

ANGELIQUE MINAS  |  THURSDAY, 2 OCT 2025
... Milliman data showing total managed portfolio assets under management (AUM) has increased by 25% in FY25, reaching $256.24 billion by June 30. Report findings show that two thirds of advisers now use managed accounts, despite only one-third of advised ...

Macquarie Wrap removes dozens of funds

JAMIE WILLIAMSON  |  WEDNESDAY, 1 OCT 2025
... victims, whose superannuation was invested in the fund via Macquarie Wrap. The Macquarie Superannuation Plan has about $57 billion in assets on behalf of more than 145,000 members.

Entireti launches SMA, portfolio management service

ANGELIQUE MINAS  |  WEDNESDAY, 1 OCT 2025
... portfolio solutions and investment advisory services to several businesses under the Entireti network, representing $5 billion in funds under management. Entireti managing director Neil Younger said: "Salita draws on the combined expertise, capabilities ...

CFS taps JPMAM for global strategies mandates

RIDDHIMA TALWANI  |  WEDNESDAY, 1 OCT 2025
... tapped JPMAM to help launch its first private equity offering. JPMAM's Private Equity Group (PEG), which manages US$35 billion in for global clients, was brought in to invest in secondaries and co-investments on behalf of CFS. JPMAM remains confident ...