Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1041 - 1050 of 2369 results for "Merger"

Royal Commission sparks risk book sell-off

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
Financial planners with smaller risk insurance books are looking to offload them now, save waiting for Commissioner Kenneth Hayne's final report. According to Radar Results, there has been a jump in the number of planners looking to sell risk books ...

NZ Super awards $300m mandate

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
The New Zealand Superannuation Fund has awarded a $298 million (US$215m) risk-arbitrage mandate to a diversified international investment manager. Neuberger Berman won the customised mandate and its principal strategies group will oversee the investments. ...

Corporate and industry super funds unite

JAMIE WILLIAMSON  |  FRIDAY, 30 NOV 2018
... value for their members by helping them look after their financial health now and into the future," Edwards added. The merger took place yesterday.

Productivity Commission pushes for superannuation scale benefits

KARREN VERGARA  |  MONDAY, 26 NOV 2018
... from super funds consolidating. By way of example, significant potential savings of $1.8 billion can be realised from a merger between the 50 highest-cost and 10 lowest-cost funds.

Merger to create $885m LIC

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
... and WAM Microcap. CYA shareholders will vote on the proposed scheme scheduled for January 2019. The CYA board said the merger is in the best interests of the shareholders and intends to vote in favour of the proposal. The merged LIC will be managed by ...

Industry fund chief exits

KARREN VERGARA  |  MONDAY, 5 NOV 2018
... failed mergers at the superannuation round of the financial services Royal Commission. Both funds were slammed for wasting a merger opportunity that had clear benefits for members after finding executives were more worried about losing their roles. Talks ...

Real estate investment manager bolsters debt team

HARRISON WORLEY  |  THURSDAY, 18 OCT 2018
A US$115 billion real estate investment manager added a former KPMG senior analyst to cater for growth in its commercial real estate debt business. Nicholas Lim will link with TH Real Estate's debt strategies team. Joining the firm as an analyst ...

Super funds excel in reporting obligation

KARREN VERGARA  |  TUESDAY, 16 OCT 2018
Nearly all large superannuation funds are fulfilling reporting obligations to a "high standard," the ATO's latest diagnostic reports show. In its fourth year running, the 2017 Risk Differentiation Framework (RDF) report found APRA-regulated funds successfully ...

Mercer wins two super fund mandates

HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
... after a KPMG-led review of the fund's administration requirements found Mercer would provide a smooth transition during the merger of the two industry funds.

Managed accounts provider ramps up tech strategy

KARREN VERGARA  |  FRIDAY, 5 OCT 2018
... benefit from the technology upgrade, due to be rolled out in late October. MGP flagged the transformation following its merger with Linear Financial Holdings in November 2017. It purchased 100% of Linear shares for $42.5 million. The combined entities ...