Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1361 - 1370 of 6237 results for "MER"

Boutique bolsters ESG team

ELIZABETH MCARTHUR  |  TUESDAY, 7 SEP 2021
Fidante-backed boutique Australian equities manager Merlon Capital Partners has hired a new sustainability manager. Rebecca El-Khoury joins the firm from TransGrid, where she was also a sustainability manager. Earlier in her career El-Khoury worked ...

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
Two days after shelving a planned merger, NGS Super informed members of plans to increase fees on some investment options from October. A spokesperson for the fund said the fee increases "has no connection" to its scrapped merger with Australian Catholic ...

Aware Super to offload farm assets

JAMIE WILLIAMSON  |  THURSDAY, 2 SEP 2021
The $140 billion super fund is readying to sell a significant agriculture portfolio, comprising cropping assets and water entitlements in Victoria. Aware Super will commence the sale process of its Lake Boga agribusiness portfolio, including one of ...

Mercer hires regional endowments lead

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
Mercer has appointed a lead for its endowments and foundations unit, hiring a long-serving Russell Investments director. Rebekah Dunn is Mercer's new head of endowments and foundations, responsible for overseeing the Pacific region. Dunn spent over ...

Transition to renewables trumps divestment

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
Asset owners are increasingly opting to transition to renewable energy rather than take the blunt approach of divestment, an industry event revealed. Mercer senior sustainable investment specialist Jillian Reid spoke at the Australian Institute of Superannuation ...

ABPs alone won't meet retirement income covenant: Knox

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
Mercer's David Knox says super funds won't be able to meet the Retirement Income Covenant's requirements via account-based pensions alone and will have to look at other solutions. The government's latest guidance on the Retirement Income ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...

HESTA defines perfect merger partner

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
For any super funds eyeing the $64 billion industry fund as a potential merger partner, its chief investment officer has outlined the criteria they'd have to meet. Sonia Sawtell-Rickson appeared in a session at the Australian Institute of Superannuation ...

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
There is a misunderstanding that superannuation fund mergers will automatically lead to scale benefits for members, according to Spirit Super's chief investment officer. Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI ...

Bravura appoints head of Sonata Alta

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Bravura has hired an industry super operations manager as its head of Sonata Alta. Nicole Kennedy started in the role on August 30. She reports to Bravura's head of operations for Australia Jon Alder. She joins from CareSuper and previously worked ...