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Showing 1211 - 1220 of 6235 results for "MER"

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
Australian superannuation funds are dropping Russian assets in response to its invasion of Ukraine amid escalating global sanctions against Russia. Yesterday Treasurer Josh Frydenberg and Senator Jane Hume released a joint statement requesting that ...

Advisers call out regulation backflip

KARREN VERGARA  |  FRIDAY, 4 MAR 2022
Financial advisers are calling out the federal government's regulatory backflip, which floated the idea that the industry can operate under a principles-based regime. Synchron general manager of compliance Phil Osborne said the proposed framework put ...

Australian Retirement Trust announces next merger partner

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
Australian Retirement Trust (ART), the entity created by the merger of QSuper and Sunsuper, has announced its next merger partner. The Australia Post Superannuation Scheme (APSS) has formally agreed to merge with ART. The APSS trustee's independent ...

CSC turns 100 years old

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
The Commonwealth Superannuation Corporation, one of Australia's longest running funds with $58 billion in assets under management, celebrates its 100th year anniversary in 2022. The CSC launched as the Superannuation Fund Management Board (SFMB) in ...

Link Group hires general manager for transformation

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
Link Group appointed a general manager of services and transformation for its retirement and superannuation division. Jane Morwick takes on the new role at the ASX-listed firm, responsible for delivering retirement and superannuation solutions for Link's ...

Hejaz adds sales director

ELIZABETH MCARTHUR  |  TUESDAY, 1 MAR 2022
Citing an increase in demand for Sharia-compliant investment products, Hejaz Financial has appointed a sales director from LUCRF Super. Chris Deakin steps into the newly created role. She joins Hejaz from LUCRF Super where she was most recently executive ...

Value strategy drags Clime's performance

KARREN VERGARA  |  MONDAY, 28 FEB 2022
Clime Investment Management's value and quality-based investing strategies pushed the group's performance well into the red in the half-year to December. The ASX-listed firm reported a $282,344 loss in investments, assets which were worth significantly ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
Australia's largest ever merger between two super funds has seen the $130 billion QSuper and $97 billion Sunsuper merge to create Australian Retirement Trust. Australian Retirement Trust (ART) now has $230 billion in funds under management, making ...

Schroders restructures team, appoints investments lead

JAMIE WILLIAMSON  |  FRIDAY, 25 FEB 2022
Schroders has created the role of chief investment officer, Australia, while also making two leadership appointments within its multi-asset and fixed income teams. Simon Doyle has been named chief investment officer, Australia in addition to his role ...

U Ethical adds two directors

ELIZABETH MCARTHUR  |  THURSDAY, 24 FEB 2022
U Ethical Investors has appointed two new directors to its board. Annette King and Robin Burns join its board of directors. King has over 18 years' experience in directorships including with MLC Australia, Swiss Re, AFG and FNZ Group. She also has over ...