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Showing 111 - 120 of 683 results for "Mergers"

Treasury names new ASIC commissioners

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... take up their new roles this year. O'Rourke previously worked at ASIC from 2003 to 2017, leading work on fundraising, mergers and acquisitions, corporate governance, and regulatory policy. During her time in Treasury, O'Rourke held leadership positions ...

Diverger aims to increase profits via scalability

CASSANDRA BALDINI  |  THURSDAY, 24 AUG 2023
Diverger's net profit after tax dropped by 24% to $2.83 million in FY23 on the back of mergers and acquisitions - something it will continue to pursue. Reporting to the ASX, Diverger announced the completion of four acquisitions and projected collectively ...

Bravura hires global head of product

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... company's underlying growth strategy in the annuities and life business units, which included its group portfolio and mergers and acquisitions strategy. "The appointment of a global head of product and centralised product management team is a crucial ...

Centrepoint names new chair, borrows $10m for M&A

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... ClearView chief takes over as chair of the group, the new loan will fuel its commitment to accelerating growth through mergers and acquisitions. After seven years at the head of the table, Alan Fisher is stepping down as chair of Centrepoint Alliance. ...

ISA, AIST announce merger to form new organisation

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
... members' best interests was the core consideration for trustees' decision-making. According to KPMG, five super fund mergers were announced in FY22, and 13 were finalised in FY21. The consultant noted this underscores superannuation funds' ...

APIR reports surge in new financial products

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... options. He attributed this trend to the industry's ongoing merger and acquisition activities. Of note, KPMG reported 13 mergers in the superannuation sector for FY22. Highlighting a trend towards inorganic growth, many superannuation funds are actively ...

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
... particularly attractive opportunities for us in Europe and the US," he said. Another area of focus for the investment giant is mergers and acquisitions (M&A). "We use our existing portfolio companies, and to do highly accretive bolt-on acquisitions through ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... Aware Super chief executive Deanne Stewart noted the move, initially driven by the need to consolidate operations post the mergers with First State Super, VicSuper, WA Super, and State Plus, has positioned the $160 billion fund at the forefront of digital ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
... also, there is a lot of consolidation happening in the super industry," he explained. "Usually, the focus is to make the mergers and acquisitions work from an operational and technology perspective. So, in that process, it has been easy to dilute the ...

Equip Super sets sights on being different

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2023
... fund further, which Cameron says includes a focus on its existing employer channels but will almost certainly mean more mergers, adding that the fund is open to exploring opportunities and assessing those that look likely to drive positive outcomes for ...