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Showing 1611 - 1620 of 2919 results for "Merge"

Berkshire-owned Gen Re to close Melbourne office

ALEX BURKE  |  MONDAY, 21 MAR 2016
Berkshire Hathaway Insurance's Gen Re will close its Melbourne office and several other operations as part of a global property and casualty business restructure. Gen Re's statement said that "smaller" business operations - including the Melbourne office ...

Statewide chair collects AIST Trustee of the Year

DARREN SNYDER  |  THURSDAY, 17 MAR 2016
Statewide Super independent chair Juliet Brown has collected the Australian Institute of Superannuation Trustees (AIST) Trustee of the Year. Presented the award at the Conference of Major Superannuation Funds in Adelaide, AIST president Angela Emslie ...

PATRON founder Rob McCann to retire

MARK SMITH  |  WEDNESDAY, 9 MAR 2016
Infocus Wealth Management has announced that PATRON Financial Advice general manager, Rob McCann, will retire in April. The 44-year industry veteran started PATRON Financial Advice nine years ago with leading adviser David Hasib. After seeing through ...

First State Super announces new custodian

DARREN SNYDER  |  WEDNESDAY, 2 MAR 2016
First State Super has announced it is appointing State Street to provide custodial services at the $52 billion industry superannuation fund. State Street will now provide master custody, investment administration and custody ancillary services, and ...

NZ Super announces merger mandate

DARREN SNYDER  |  TUESDAY, 1 MAR 2016
The New Zealand Superannuation Fund has marked its first foray into merger arbitrage by appointing global investment manager Ramius for a US$200 million ($280m) mandate in the asset class. Ramius is the alternative investment management business of ...

New CEO at Board of Taxation

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Federal Treasury has announced an inaugural chief executive role at the Board of Taxation that will lead the work of the secretariat as well as all communication with industry stakeholders. Secretary to the Treasury, John Fraser, announced on Friday ...

Survey reveals super fund strategic priorities

MARK SMITH  |  FRIDAY, 12 FEB 2016
Post retirement products, member engagement and digital strategy remain top of superannuation funds' three-year strategic plans but new concerns are also being brought to the boardroom, according to a joint survey of fund chief executives by ASFA and ...

Alternatives drove Permal and EnTrust marriage

DARREN SNYDER  |  TUESDAY, 9 FEB 2016
Permal Group chief executive Omar Kodmani believes the recent merger with EnTrust Capital means the firms will become a diversified alternatives platform, not just a multi-manager hedge fund shop. In his first interview since the merger announcement ...

Hastings names new UTA portfolio managers

DARREN SNYDER  |  MONDAY, 1 FEB 2016
Westpac subsidiary Hastings Funds Management has appointed two new portfolio managers to the group's largest fund, Utilities Trust of Australia (UTA). Joining Hastings from Flagstaff Partners is Brett Mitsch, who will now be the lead portfolio manager ...

Legg Mason makes three acquisitions

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
It is expected 2016 will see mergers and acquisitions intensify and global asset manager Legg Mason has already jumped on board, recently making three major announcements. From its Baltimore offices Legg Mason announced it will acquire a majority equity ...