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Mergers don't always lead to scale benefits: BarryBY ANNABELLE DICKSON | TUESDAY, 31 AUG 2021 12:42PM
There is a misunderstanding that superannuation fund mergers will automatically lead to scale benefits for members, according to Spirit Super's chief investment officer.Read more: AIST, YFYS, Spirit Super, Kate Farrar, LGIAsuper, Ross Barry
The $67 billion super fund for the building and construction industries will launch new investment options as it remains focussed on growing to $150 billion.
PineBridge Investments appointed a head of wealth management for the Asia region in a newly created role.
Asset managers and superannuation funds will ramp up their digital advice offerings in 2022 as the reality of financial advisers exiting sets in.
Pendal Group has endured a disappointing quarter, with $5 billion in outflows from UK institutional clients.
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