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Showing 131 - 140 of 2102 results for "merger"

CareSuper, Spirit Super charge ahead with $50bn merger

ANDREW MCKEAN  |  FRIDAY, 2 JUN 2023
... (FUM) and serve over 500,000 members. Last year, former CareSuper chief executive Julie Lander revealed plans to consider merger partners to reach a target fund size of $50 billion. A few months later in November, CareSuper and Spirit Super initiated ...

Count completes Affinia acquisition

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... has practices across Australia, including risk specialists and holistic financial advisory firms, with Count saying the merger will add an "important capability" to its business as it expects to grow risk advice capability and revenues. Count chief executive ...

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
Lazard has promoted current chief executive of financial advisory Peter R. Orszag to the role of chief executive, while former chief executive and chair Kenneth M. Jacobs will step into the role of executive chair of the board. Orszag has served as ...

Mercer Super to take on corporate fund

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
Mercer Super is set to add several hundred million in funds under management by way of another merger, this time with a Melbourne-based corporate superannuation fund. Mercer has confirmed it is undertaking a successor fund transfer with the Holden Employees ...

Consulting triopoly dominates NFP super

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2023
... WTW's market share has shrunk considerably, and it will likely continue to do so if Commonwealth Bank Super's planned merger with ART goes ahead, Rainmaker said. If it does, JANA will again benefit. Meanwhile, internal consulting arrangements ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
Investors are poised to benefit from long-term investments in the minerals and technology needed to reach net zero, a global ETF provider has revealed. Global X ETFs Australia outlined the major exchange traded fund (ETF) investment megatrends - highlighting ...

Super fund blunder likely down to bad data: Podcast

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... in the background. Both as an operational issue and contractual issue." He said such issues always find their way into merger documents. "In my mind, absent of any negligence by AustralianSuper, I could imagine scenarios where trustees are quite exposed ...

Hostplus surpasses $100bn in FUM

CHLOE WALKER  |  WEDNESDAY, 17 MAY 2023
... the result of several mergers, including with Club Super, Intrust Super, and Statewide Super. It also still has a formal merger with Maritime Super on the cards. "Three successful mergers over three years and another on the way demonstrates the growth ...

Former super fund investment chief lands new gig

CHLOE WALKER  |  WEDNESDAY, 17 MAY 2023
... at LUCRF Super, which since merged with AustralianSuper, and held senior investment roles with Kinetic Super before its merger with Sunsuper back in 2019. "We are simply delighted that Michael has joined our business as we continue to deepen and strengthen ...

Cbus eyes big deals in new investment blueprint

ANDREW MCKEAN  |  TUESDAY, 16 MAY 2023
... lucrative global partnerships and boosting internal asset management to 50%. The strategic pivot comes on the heels of Cbus' merger completion with EISS Super. Cbus acting chief executive Kristian Fok said the fund's objective is to be an innovative ...