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Showing 1221 - 1230 of 5905 results for "Second"

Aware Super, VISSF merger to proceed

JAMIE WILLIAMSON  |  THURSDAY, 29 JUL 2021
After four months of due diligence, the two super funds have confirmed they will merge before the end of the year. In a joint statement, Aware Super and the Victorian Independent Schools Superannuation Fund (VISSF) said the merger will create the largest ...

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... competition. More information about what the merger falling over means for each companies' bottom line will be provided in their second quarter earnings calls. Aon's call is on July 30 and WTW's on August 3.

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation. ...

Sydney world's strongest luxury real estate market

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 JUL 2021
... lockdown, enabling some homeowners to undertake home improvements but others have opted to relocate, upsize, downsize or buy a second home/investment property." There are headwinds for Sydney though - most notably the spread of the Delta COVID-19 variant ...

Bank rebound buoys Aussie equities funds

ELIZABETH MCARTHUR  |  MONDAY, 19 JUL 2021
... was the largest stock contributor over the financial year, followed by ANZ, Fortescue, BHP, NAB and Westpac. "While the second half of 2020 was a strong period for quality/growth managers, as markets rallied from the March 2020 Covid lows, the last six ...

BlackRock hits US$9.5tn milestone

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
... This is resonating with our clients and we generated $35 billion of sustainable net inflows in the quarter." Vanguard, the second-largest global fund manager, reported US$7.9 trillion ($10.6tn) of assets at the end of May.

Plato wins $3.9bn mandate

KANIKA SOOD  |  WEDNESDAY, 14 JUL 2021
... to move to a more neutral approach in March 2021," he said. At $3.9 billion, the FirstChoice to Plato mandate may be the second-largest Australian equities that a local institutional investor has ever made, according to Rainmaker. It is topped by QSuper's ...

Demand soars for global equities ETFs

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
... Some 41% of Vanguard's total ETF inflows came from ETFs in the first half of 2021. The fund manager said it had its second largest quarter on record with over $2 billion in inflows, namely across Vanguard Australian Shares Index ETF (VAS, $766 million) ...

BNY Mellon acquires Milestone

ELIZABETH MCARTHUR  |  FRIDAY, 9 JUL 2021
... acquisition were not publicly disclosed. The acquisition is subject to conditions and approvals and is expected to occur in the second half of 2021. "This transaction with Milestone is the latest demonstration of BNY Mellon's commitment to support clients ...

WaveStone co-founder retires

KARREN VERGARA  |  THURSDAY, 8 JUL 2021
WaveStone Capital's second co-founding principal has announced his retirement. Graeme Burke has exited WaveStone, the fund manager confirmed. Burke helped launch WaveStone in 2006 with Ian Harding and Catherine Allfrey as an Australian and New Zealand-focused ...