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Showing 1531 - 1540 of 2919 results for "Merge"

Super trustees need better vigilance: APRA

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
... including a lack of discipline in advertising and marketing decisions, the reluctance by boards to acknowledge the need to merge or wind-up their fund, and the need for trustees to undertake a "broad member outcomes assessment" in assessing performance ...

Panorama fortifies BTFG adviser market

KARREN VERGARA  |  FRIDAY, 24 MAR 2017
... the overall feedback so far has been positive with repeat usage starting to build. The company yesterday announced it will merge 12 superannuation funds among a raft of initiatives as part of its $600 million rollout of BT Panorama four years in the ...

BTFG announces giant Panorama leap

DARREN SNYDER  |  THURSDAY, 23 MAR 2017
BT Financial Group will merge 12 superannuation funds into one as part of the rollout of its $630 million Panorama platform and in a major update of the wealth management business. Announced to the market this morning, BTFG will also move from four ...

Fund managers reshuffle board for $413bn merger

ALEX BURKE  |  TUESDAY, 21 MAR 2017
The new board has been selected for the historic global funds management merger announced in October last year. Following the completion of the merger between Henderson Group and Janus Capital, the new board will consist of chair Richard Gillingwater ...

Peter Hall hands over remaining Hunter Hall shares

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
Washington H. Soul Pattinson now has a 44.2% stake in Hunter Hall shares after Peter Hall sold his interest and accepted the former's takeover offer. WHSP has now revised its cash offer to $2.60 per share. Hunter Hall's independent directors have recommended ...

Soul Pattinson pockets Hunter Hall via Pengana merger

ALEX BURKE  |  FRIDAY, 10 MAR 2017
... significant stake in Pengana Capital to Washington H. Soul Pattinson earlier this week, Pengana and Hunter Hall are set to merge, bringing the future of Hunter Hall's current investment team into question. Assuming shareholder approval, Hunter Hall will ...

Merger creates active management behemoth

ALEX BURKE  |  TUESDAY, 7 MAR 2017
The recommended all-share merger of two international active investment managers will create an entity worth more than $1 trillion in assets. Standard Life and Aberdeen Asset Management have agreed to the terms of the merger, whereby Aberdeen and Standard ...

Super consolidation imminent: research

KARREN VERGARA  |  FRIDAY, 24 FEB 2017
The number of super funds (excluding SMFSs) have dropped by 72% from 872 to 244 in the last ten years (see Figure 1), according to new research from Rice Warner. The annual Superannuation Market Projections Report shows in 2016, 83 out of 219 funds ...

Aussie fintech maintains strength

EMMA RAPAPORT  |  FRIDAY, 24 FEB 2017
Australian fintech investment in 2016 remained strong despite a 47.2% global slide in fintech investment, according to KPMG International's The Pulse of Fintech report. Total fintech investment in Australia reached $626 million across 25 deals in 2016 ...

Pacific Current Group calls EGM for restructure

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Multi-boutique asset manager Pacific Current Group will hold an extraordinary general meeting on March 15 to implement a major restructure of its business. The goal of the restructure, originally announced in December, is to make the global and ASX-listed ...