Macquarie breaks into top 50 fund manager list
Macquarie Group broke into the world's top 50 largest fund manager rankings with US$543 billion in assets, making it the only Australian fund manager on the list.
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Macquarie Group broke into the world's top 50 largest fund manager rankings with US$543 billion in assets, making it the only Australian fund manager on the list.
The financial services group is the sole Australian firm to sit among the top 50 investment managers across the globe, but Australian firms have seen a decrease in AUM overall, the Thinking Ahead Institute finds.
The exclusive lounge comes with perks including prioritised boarding, upgrades and a dedicated customer service line, and has caused concern about Qantas’ influence over its members, including politicians, regulators and chief executives.
Perpetual has reported its quarterly asset management flows after seeing $8.1 billion in outflows during FY2022–23.
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