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Showing 1581 - 1590 of 2919 results for "Merge"

AZ NGA appoints Genesys vet as advice GM

ALEX BURKE  |  MONDAY, 8 AUG 2016
AZ Next Generation Advisory has appointed a new general manager, financial planning. Adrian Ashton joins AZ NGA from Financial Keys, where he worked as a financial adviser. Prior to that, he was director of the licensee advice, mergers and acquisitions ...

Millennials getting personal with ANZ robo-adviser

ALEX BURKE  |  FRIDAY, 22 JUL 2016
Millennials were more interested in asking ANZ's IBM Watson-powered robo-adviser whether it was married to Siri than getting insurance information, according to ANZ Group Innovation channel development manager Jeanette Cheah. Speaking on a panel at ...

New $70bn MLC fund gives retail access to unlisted

ALEX BURKE  |  THURSDAY, 21 JUL 2016
The scale advantages of the $70 billion merged MLC Super Fund will deliver better returns to members through access to the unlisted space, according to NAB Wealth executive general manager Paul Carter. Speaking on a panel on superannuation fund scale ...

Fund assets surge while market shrinks: FSC/Morningstar

ALEX BURKE  |  THURSDAY, 21 JUL 2016
Assets held in Australian funds have almost doubled since 2005 even though the amount of active funds is steadily decreasing, according to new research by the Financial Services Council and Morningstar. The new FSC/Morningstar report, released during ...

Tasplan and RBF merger confirmed

KERRIE SYDEE  |  WEDNESDAY, 20 JUL 2016
The Tasplan and RBF Tasmanian Accumulation Scheme successor fund transfer will go ahead following support from the Tasmanian government. Tasplan currently manages $3.4 billion on behalf of 106,000 active members, with the merger and transfer of RBF ...

Super fund CEO not seeking reappointment

DARREN SNYDER  |  MONDAY, 18 JUL 2016
The chief executive of the Government Employees Superannuation Board (GESB) has indicated he will not be seeking reappointment when his term expires on 29 January 2017. Howard Rosario, head of the $22 billion government fund for Western Australia public ...

Pacific Current CEO resigns to start boutique

ALEX BURKE  |  FRIDAY, 15 JUL 2016
The chief executive of global multi-boutique asset manager Pacific Current Group has resigned. Tim Carver joined Pacific Current in 2006 and was a member of the board, executive committee and investment committee. Prior to that, Carver was a general ...

NAB merger creates largest retail super fund

ALEX BURKE  |  THURSDAY, 14 JUL 2016
NAB has merged five of its super funds into one, creating the largest retail fund in the country. The new MLC Super Fund comprises MLC MasterKey and Plum superannuation offerings, and represents roughly $70 billion in funds under management - this makes ...

Fees still an issue for alternatives: WTW

KERRIE SYDEE  |  WEDNESDAY, 13 JUL 2016
Total assets managed by the top 100 alternative investment managers globally increased by 3% in the past year to US$3.6 trillion, according to new research from Willis Towers Watson (WTW), which found that while inflows remain steady, investors are ...

M&A activity impacted by politics

DARREN SNYDER  |  TUESDAY, 5 JUL 2016
Macquarie Group and Deloitte led the financial adviser merger and acquisition deal count in Australasia during the first half of 2016, according to the latest Mergermarket data. Both firms recorded 14 deals in the six months to 1 July, followed by Goldman ...