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Showing 171 - 180 of 2953 results for "Merge"

ASX updates waiver disclosure rules

KARREN VERGARA  |  MONDAY, 28 JUL 2025
ASX-listed entities granted a waiver are now required to disclose its nature and effect as the exchange aims to provide investors with greater transparency. ASX companies must also disclose the reasons for seeking the waiver within one business day ...

Federated Hermes 'not far away' from launching Australian wholesale products

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
Federated Hermes has primarily engaged with the institutional market, notably superannuation funds, in Australia, but this is set to change as the firm looks to tap into the local wholesale market. Federated Hermes international head of sales Clive ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
Zurich Australia is set to take on a major mandate from Australian Retirement Trust (ART) to provide insurance for its Super Savings members. ART confirmed it has entered final contract negotiations with Zurich to take over the group insurance mandate ...

TelstraSuper Balanced option makes 9.3%

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
TelstraSuper's Balanced option reported 9.3% p.a. for the last financial year, lagging the median of 10.1% p.a. For the TelstraSuper's members in the Personal/Corporate Plus and TTR Income stream, the Balanced option made 6.9% p.a. over a 10-year period. ...

Platinum executives depart amid merger talks

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
Three executives at Platinum Asset Management have departed as the asset manager finalises its merger with L1 Capital. Platinum's head of investment Douglas Isles and head of institutional distribution Charlie Brooks have both exited the business ...

Platinum, L1 merger to help fight 'organic business decline'

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Platinum's potential merger with L1 Capital - which saw the two parties enter a merger implementation deed earlier this week - may help save the business against ongoing decline but other hurdles remain, according to Morningstar equity analyst Shaun ...

Brighter Super default members earn 11% in FY25

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
Brighter Super's MySuper option achieved 10.9% p.a. for the 2025 financial year, exceeding performance for the medium and long term. The latest result outpaced the three-, five- and 10-year time horizons of 10.3% p.a., 8.2% p.a. and 7.2% p.a. respectively. ...

L1 Capital, Platinum seal merger deal

JAMIE WILLIAMSON  |  TUESDAY, 8 JUL 2025
The two parties have entered a merger implementation deed, with the Platinum name to be retired from the entity and the newly created 'MergeCo' to be listed under a new ticker code. As previously disclosed, under the deal Platinum will acquire ...

Mercer SmartPath returns exceed 12%

KARREN VERGARA  |  TUESDAY, 8 JUL 2025
Mercer Super Trust's default lifecycle option made more than 12% p.a. for the 2025 financial year for members aged between 18 and 52. The Mercer SmartPath returned between 12.3% p.a. and 12.6% p.a. For the same age range over a five-year horizon ...

Acenda hires from Hostplus

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
Acenda has appointed Lee Sammartino to the new role of general manager of superannuation partnerships, a key role in its drive for growth in group insurance. Sammartino, who began this week, brings nearly 30 years of experience in financial services ...