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Showing 1051 - 1060 of 6229 results for "MER"

Active Super reaffirms commitment to regional members

JAMIE WILLIAMSON  |  FRIDAY, 2 SEP 2022
Home to more than 12% of its members, Active Super has opened a new office to service Newcastle and the Central Coast, with chief executive Phil Stockwell saying the importance of regional and rural New South Wales to the fund can't be downplayed. ...

AFA, FPA to explore merger

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2022
The Association of Financial Advisers (AFA) and Financial Planning Association of Australia (FPA) have signed a Memorandum of Understanding to consider a merger. The aim, they say, is to create a united voice for the financial advice sector. The associations ...

Martin Currie promotes analysts

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
Martin Currie, part of Franklin Templeton, has promoted senior analyst Matthew Davison and quantitative analyst Sam Li to portfolio manager. Chief investment officer Reece Birtles said the promotions tie in with its recent Active Insights strategy launch. ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify ...

The unintended consequences of the performance test

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2022
While the annual Your Future, Your Super performance test is focused on stamping out underperformance, its impact on industry consolidation is likely already shifting, according to KPMG. The results of the second annual performance test are expected ...

Spirit Super consortium withdraws from port acquisition

ANDREW MCKEAN  |  TUESDAY, 30 AUG 2022
The Spirit Super and Palisade Investment Partners Consortium has not proceeded with its Port of Geelong acquisition, withdrawing its request for merger clearance from the ACCC. The ACCC recently informed the Spirit Super Palisade Consortium that it ...

Not ruling anything out: Insignia Financial

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
Having attributed its strong FY22 earnings to its recent acquisitions, Insignia Financial's Renato Mota is not ruling out future M&A opportunities to add scale. "We have undertaken two large acquisitions, I think that's provided us with tremendous ...

Australian Ethical sees profits drop, record super flows

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
Profits are down and expenses are up at Australian Ethical, as it continues to implement its high growth strategy. Releasing its full-year results today, Australian Ethical recorded a 15% drop in net profit after tax to $9.6 million and a 7% decline ...

Regal Funds Management launches private credit capability

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
Regal Funds Management is entering the private credit market later this year, offering solutions to Australian and New Zealand clients. The capability will be headed up by portfolio managers Jacob Poke and Gavin George. Poke has 15 years of experience ...

Mercer NZ names chief investment officer

CHLOE WALKER  |  TUESDAY, 23 AUG 2022
Padraig Brown has been permanently appointed as Mercer New Zealand's chief investment officer, having acted in the role since May. The appointment also sees Brown promoted to partner. He's been with Mercer since 2011, initially in the Sydney office ...