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Showing 1241 - 1250 of 3451 results for "Scale"

Clime finalises ownership deal, appoints CIO

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
... co-founder Will Riggall will become chief investment officer of Clime pursuant to the transaction. Bringing together the combined scale capabilities of Clime and Ralton under the one operating entity will enable the Clime Investment Management team to ...

Retail super fund to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 11 JAN 2022
... assets were held in bonds and cash in 2021; 45% of its FUM was invested in the Vanguard High Growth Index Fund. "Its low scale obviously presents major challenges in the current superannuation regulatory environment," Rainmaker executive director of ...

QSuper merger update, fee cuts

ELIZABETH MCARTHUR  |  TUESDAY, 11 JAN 2022
QSuper has assured members they will shortly feel the benefits of scale in the form of fee cuts, after it merges with Sunsuper to create Australian Retirement Trust. The $133 billion QSuper will merge with $90 billion Sunsuper on February 28. The QSuper ...

PGIM Real Estate appoints ESG lead for APAC

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
... thing for our people, the environment and our communities leads to better results for all our stakeholders. Given our global scale and footprint, we have immense potential to make a positive impact, and we are committed to helping address many of today's ...

WAM to acquire two LICs

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... Wilson said the growth of the LIC sector through corporate activity has strengthened the industry, creating economies of scale, providing opportunities for smaller players to grow and delivering liquidity to investors. "Through internal industry consolidation ...

Morningstar to buy Praemium for $65m

CHLOE WALKER  |  WEDNESDAY, 22 DEC 2021
... business," Praemium chief executive Anthony Wamsteker said. "Morningstar will bring its global footprint and investment scale to better serve the interests of international clients and better advance the career opportunities of our international employees." ...

Future Super acquires Aon's super business

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 DEC 2021
... Super has assured Aon members they won't see much of a change. "Future Super has always looked to drive economies of scale for members by focusing on growth. This acquisition will help us deliver significant benefits to members of both funds with ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... together with EISS Super, we will be able to deliver even more for members in the electrical sector by harnessing economies of scale." Just last month APRA enforced additional licence conditions on EISS Super, one of the conditions being that it must ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Not long after Labor suggested it would not require older financial advisers to get degrees, the Liberal party has now backflipped on education standards to match Labor's policy. Minister for superannuation, financial services and the digital economy ...

IFM, Citi pour $300m into Household Capital

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... home equity." He said the debt facility from IFM and Citi will refinance the firm's legacy funding arrangements and deliver scale. Commenting on the arrangement, IFM executive director, debt investments Hiran Wanigasekera said: "We believe that our investment ...