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Showing 111 - 120 of 634 results for "Mergers"

Equipsuper investment chief on re-energising his team

ELIZABETH FRY  |  MONDAY, 7 NOV 2022
... competitive investment fees that we have been able to negotiate on behalf of our members. While we are certainly open to future mergers, for us it is about ensuring that any inorganic growth opportunity is done through the lens of what is in the best ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
... issues anytime soon." Discussing further the trend in consolidation, Cole said the regulator is positive that increased mergers mean members are "moving to better performing funds and better performing funds typically have higher investment returns and ...

Chief executives anticipate recession: KPMG

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... procedures considering geopolitical risk. Notwithstanding prevailing economic and geopolitical uncertainties, the appetite for mergers and acquisitions remains high. KPMG attributed this trend to higher interest rates and borrowing costs necessitating ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... Super chief executive Bill Watson. Instead of seeing big funds gobbling up smaller rivals, Watson expects more considered mergers that make a difference for members rather than rushed mergers that suit the regulator. Watson believes that with a change ...

More consolidation is needed, says Diverger chief

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
... invest." In June, Diverger made a bid to acquire Centrepoint Alliance, but it fell through. Regardless, Jacobsen said that mergers and acquisitions are still well and truly part of its plan. "Mergers and acquisitions are on our agenda but we're not ...

QIC adds to multi-sector private debt team

ELIZABETH FRY  |  WEDNESDAY, 21 SEP 2022
... associate director. Lucci has a background in leveraged finance, corporate and institutional banking, private credit, mergers and acquisition transaction services, corporate advisory, and restructuring. He joins from Westpac Institutional Bank, where ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... in the consultation paper a question around the implications for market structure, focused on accelerated and excessive mergers and consolidation, but added that he isn't concerned that increased consolidation may create funds that are "too big to ...

Kate Farrar's top tips when merging

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
... fund transfers. "You do have to know what you're trying to achieve - you have to start with the end in mind. Most mergers are going to be intended to deliver lower costs and a better service experience, and if you want to lower your costs you have ...

AustralianSuper breaks into world's top 20 pension funds

CASSANDRA BALDINI  |  TUESDAY, 6 SEP 2022
... US$107.5 billion. Grigg said there is an expectation that Australian funds will come in at higher ends in the future as more mergers occur. "In 2022, we have already seen Australian Super complete a merger with LUCRF Super, further increasing its scale," ...

The unintended consequences of the performance test

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2022
... for APRA and trustees. One of the main reasons, he suggests, is because funds that have already undertaken substantial mergers or achieved significant size may not be looking to undertake any further merger activity. "Recent large fund mergers are likely ...