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Showing 1 - 10 of 361 results for "AUM"

HMC Capital makes $950m acquisition

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... announcing the company's annual results. "We believe that each of these platforms has the potential to grow beyond $10 billion AUM each other the next five years."

Top asset owners return to growth: Study

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... asset owners by size oversaw more than $40 trillion at 2023 end, up 12.3% on the previous year; total assets under management (AUM) dropped 8.7% in 2022. Of the total assets, pension funds manage 51.2%, sovereign wealth funds have 38.9%, and outsourced ...

HMC Capital launches DigiCo REIT

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... will have a $2.746 billion market capitalisation. After the listing of DigiCo REIT on the ASX, HMC's assets under management (AUM) will increase to approximately $17.5 billion, representing +73% growth in CY24. Trading of new securities in the DigiCo ...

HMC Capital makes $400m acquisition

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
... located in North America. These acquisitions will seed an ASX-listed DigiCo Infrastructure REIT 2 with $4 billion or more of AUM. The fresh acquisition will be made through $150 million in upfront cash and $250 million of scrip in the DigiCo REIT IPO ...

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
The fund manager's share price took a massive hit on the back of $6 billion (£3.1bn) in outflows in the third quarter. While abrdn's assets under management and administration (AUMA) grew 2% on the prior corresponding period, the outflows in its institutional ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... equity grant was approved with 96% of votes. Meanwhile, the bull market bolstered Perpetual's assets under management (AUM) to $222.3 billion, up from $215 billion in June. Market movements totalled $12.7 billion while net inflows were positive at ...

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... independent financial advisers were up 47% for the quarter to $832 million. This has brought platform assets under management (AUM) to $78.1 billion, up from $74.7 billion in Q2. AMP's superannuation and investments business for AUM increase to $55.8 ...

High-profile Tribeca manager sets up shop

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... investors pulled out more than $600 million from Tribeca Alpha Plus, dipping as low as $331 million in assets under management (AUM) at the end of June 2019. Under Liu's leadership, the fund has returned more than 26% p.a. recently and has $1.45 ...

Ares buys GCP International in $5.5bn deal

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
... will acquire the international business of GLP Capital Partners and certain affiliates, boosting its assets under management (AUM) by $65 billion (US$44bn). The business, known as GCP International, is being bought for $5.5 billion (US$3.7bn) in what ...

Alternatives market to hit US$30tn by 2030: Preqin

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
The global alternatives industry is on track to reach US$29.2 trillion in assets under management (AUM) by 2029, with private equities set to more than double throughout the period, Preqin said. The growth signifies an annualised increase of 9.7% for ...
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