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Investment

Grove and Counterpoint seal $11bn merger

BY MICHELLE BALTAZAR | FRIDAY, 31 OCT 2008 12:55PM

Grove Financial Services and Counterpoint have joined forces to create a new asset consulting firm with a combined $11 billion of assets under advice.

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Editor's Choice

Apex Group head of super to depart

MATTHEW WAI

Apex Group managing director for superannuation will leave his post in September, joining its technology partner in a C-suite capacity.

Morningstar predicts platforms to pull Centuria Bass Credit Fund

KARREN VERGARA

Amid a ratings downgrade and possible governance issues concerning the Centuria Bass Credit Fund (CBCF), Morningstar predicts the property debt fund will be pulled from major investment platforms and unlikely receive new inflows.

ETF Shares cuts fees on US technology ETF

VINNY VUCAGO

ETF Shares has reduced the management fee on its ETFS US Technology ETF (ASX:WWWW) positioning the fund as one of the lowest-cost options for Australian investors seeking exposure to leading US technology companies through the ASX.

AustralianSuper appoints co-heads of Australian equities

RIDDHIMA TALWANI

AustralianSuper has appointed Andrew Smith and Luke Smith as co-heads of Australian equities, effective immediately.

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