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Showing 1411 - 1420 of 2919 results for "Merge"

BetaShares shareholder buys $13 billion fund manager

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2018
A significant shareholder in BetaShares has added a $13 billion ETF manager to its growing stable. Korea-based Mirae Asset Global Investments entered a $616 million definitive agreement to purchase 100% of fully diluted shares in New York-based ETF ...

Industry fund revamps executive lineup

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
A $14 billion industry fund has boosted its leadership team, adding a new strategy role and strengthening its product and marketing teams. Introducing an executive officer, strategy and markets role, Equipsuper appointed Tania Cumming. Commencing in ...

Pension fund and bank terminate asset manager

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2018
A UK pension fund and its parent bank have terminated about $200 billion in respective mandates with a major global asset manager. Scottish Widows and Lloyds Banking Group's wealth businesses have given Standard Life Aberdeen notice to terminate their ...

Industry fund flags further fee cuts

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
A $14 billion industry super fund is flagging further fee reductions from July 1 and to become one of the lowest-cost funds in Australia. Following its merger with Rio Tinto Staff Superannuation Fund on 1 July 2017, Equipsuper reports "better than expected ...

MGP partners with fintech for adviser solution

ALEX BURKE  |  TUESDAY, 13 FEB 2018
Managed Accounts Holdings (MGP) has partnered with an Australian fintech to offer money management solutions to advice practices using its platform. The partnership with Moneysoft will provide advisers working with MGP's platform preferential pricing ...

Board appointment at Westpac

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2018
Westpac appointed a former KPMG executive to its board and two committees. Peter Nash, who was a senior partner at KPMG, will serve as an independent non-executive director and a member of the risk and compliance, and audit committees effective March ...

Performance fees drive Janus Henderson post-merger revenues

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
Janus Henderson's pro-forma adjusted revenue increased by 11% in the 12 months to 31 December 2017, driven by investment performance and higher average assets under management. Janus Henderson said strong markets delivered a 9% average increase in AUM ...

Industry fund creates finance role

DARREN SNYDER  |  TUESDAY, 6 FEB 2018
A $9.2 billion industry superannuation fund aims to take its financial reporting to new highs following a senior appointment in its newly-created head of finance role. Joining Vision Super as head of finance is Bryan Collins. Most recently the senior ...

Grant Thornton adds financial services partner

KARREN VERGARA  |  FRIDAY, 2 FEB 2018
Grant Thornton Australia is welcoming a new partner in an effort to bolster its financial services footprint. Sydney-based tax expert Himashini Weeraratne will continue to build the firm's asset management, superannuation and fintech service offerings. ...

MGP flags global search for COO and head of product

ALEX BURKE  |  FRIDAY, 2 FEB 2018
In an investor update Managed Accounts Holdings (MGP) noted it is looking to fill the budgeted positions of chief operating officer and head of product, with the latter expected to finalise in February. MGP explained the COO role will be based in Melbourne ...