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Showing 111 - 120 of 2361 results for "merger"

Platinum executives depart amid merger talks

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
Three executives at Platinum Asset Management have departed as the asset manager finalises its merger with L1 Capital. Platinum's head of investment Douglas Isles and head of institutional distribution Charlie Brooks have both exited the business ...

Platinum, L1 merger to help fight 'organic business decline'

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Platinum's potential merger with L1 Capital - which saw the two parties enter a merger implementation deed earlier this week - may help save the business against ongoing decline but other hurdles remain, according to Morningstar equity analyst Shaun ...

Brighter Super default members earn 11% in FY25

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
Brighter Super's MySuper option achieved 10.9% p.a. for the 2025 financial year, exceeding performance for the medium and long term. The latest result outpaced the three-, five- and 10-year time horizons of 10.3% p.a., 8.2% p.a. and 7.2% p.a. respectively. ...

L1 Capital, Platinum seal merger deal

JAMIE WILLIAMSON  |  TUESDAY, 8 JUL 2025
The two parties have entered a merger implementation deed, with the Platinum name to be retired from the entity and the newly created 'MergeCo' to be listed under a new ticker code. As previously disclosed, under the deal Platinum will acquire ...

Acenda hires from Hostplus

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
... departures. Former Westpac executive Chris de Bruin has been appointed chief executive, subject to regulatory approvals of the merger between Acenda and Resolution Life Australia, which is expected to be finalised in the second half of the year. Griffin ...

Evidentia assembles inaugural executive leadership team

ANDREW MCKEAN  |  TUESDAY, 1 JUL 2025
... said lays the foundation for the next phase of "ambitious growth across key markets." Evidentia Group was formed through a merger with Lonsec Investment Solutions and Implemented Portfolios - previously part of Lonsec Group, which was acquired by Generation ...

Finance news foretells stock market volatility: Study

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
Daily financial news can better predict stock market volatility and deliver more accurate signals about risk than backward-looking macroeconomic data, a new study suggests. University of Auckland finance lecturer Justin J. Case and Queensland University ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Asset managers continue to face existential challenges amid the rise of passive funds, fee compression and difficulty in generating alpha, a new report from Citi shows, forcing them to rethink their business models and value propositions in the future. ...

Life insurer chief executives step down, successor named

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
... Westpac executive Chris de Bruin has been appointed chief executive of Acenda Group, subject to regulatory approvals of the merger between Acenda and Resolution Life Australia, which is expected to complete in the second half of the year. Griffin and ...

Acenda Group assembles board of directors

MATTHEW WAI  |  FRIDAY, 20 JUN 2025
... independent non-executive directors have been named to the board of what will be known as the Acenda Group, following the merger with Resolution Life Australasia. Catherine Dubé, David Stephen, Melissa Babbage and Rosheen Garnon will become independent ...