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Showing 91 - 100 of 135 results for "LGS"

LGsuper and City Super set merger date

ELISE BURGESS  |  MONDAY, 13 DEC 2010
The boards of LGsuper and City Super have given the green light for both funds to merge next year to create a $5 billion-plus fund with over 90,000 members. The merge will be completed by 30 June next year with an immediate focus on short-term efficiencies ...

Transition mgmt takes centre stage

JOHN MCDULING  |  WEDNESDAY, 8 DEC 2010
The wave of consolidation sweeping through the not-for-profit superannuation sector is putting transition management firmly back in the spotlight for next year. Last month, Health Super announced that talks were underway with First State Super to create ...

Health Super to merge with First State

RUTH LIEW  |  WEDNESDAY, 17 NOV 2010
Health Super is in merger talks with First State Super to create a $28 billion-plus fund with over 750,000 members - making it one of the largest funds in Australia. Both funds announced an in-principle intention to merge by 30 June next year, subject ...

EISS takes over FuturePlus

RUTH LIEW  |  TUESDAY, 2 NOV 2010
... Superannuation Scheme has taken over Local Government Super's stake in FuturePlus Financial Services. The $3 billion EISS acquired LGS' shares in FuturePlus for an undisclosed sum, leaving the admin and investment firm to focus its services on two other ...

LGS appoints managers

ELISE BURGESS  |  WEDNESDAY, 29 SEP 2010
Local Government Super (LGS) has appointed a new risk manager and created a new 'sustainability manager' role. The super fund has appointed former Commonwealth Bank of Australia compliance expert Hannah Deukmejian as risk manager where she will be responsible ...

LGsuper and City Super in merger talks

RUTH LIEW  |  FRIDAY, 27 AUG 2010
Queensland government funds LGsuper and City Super are considering a merger to create a $5 billion-plus fund with over 90,000 members. LGsuper and City Super announced today they have agreed in-principle to merge the two funds. The merger is subject ...

LGS spearheads green makeover of old buildings

COMPANY RELEASE  |  MONDAY, 26 JUL 2010
... in, marking the fifth time that the super fund has completed a sustainability strategy within its direct property portfolio. LGS launched the installation of the solar panels at an office building in Macquarie Park last week. Generating some 15 to 20 ...

LGS sells FuturePlus share to EISS

MICHELLE BALTAZAR, MICHAEL HOBBS  |  TUESDAY, 13 JUL 2010
Local Government Super (LGS) is selling its half stake in admin and investment provider FuturePlus to its other half-owner Energy Industries Superannuation Scheme (EISS) - lifting the uncertainty that hung over the co-owned business caught in the political ...

H3 Global hits $250m mark

MICHAEL HOBBS  |  TUESDAY, 8 JUN 2010
... Kaleel, director at H3 Global Advisors, said the hedge fund manager won a $30 million mandate with Local Government Super (LGS) around two months ago and he expects more to come after gaining enough critical mass. "Now we've got a good level of assets ...

LGS wins $2.1m green building fund

COMPANY RELEASE  |  MONDAY, 17 MAY 2010
Local Government Super (LGS) has been awarded a $2.1 million Green Building Fund Grant by the Department of Innovation, Industry, Science and Research. LGS was the only applicant to be awarded a grant on an exemplar basis, according to a statement from ...