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Showing 2011 - 2020 of 2920 results for "Merge"

AMP appoints former AXA heads to merged business

CLAIRE MCGREAL  |  WEDNESDAY, 19 OCT 2011
AMP Financial Services has made a number of appointments to its key business divisions that see former AXA employees assume senior positions. The appointments come in banking and wealth management products, strategic marketing and sales and wealth protection ...

Indexed FUM up 30% since GFC

ALEX DUNNIN  |  TUESDAY, 18 OCT 2011
The push to alpha-beta separation has put new impetus into the indexing sector, leading to continued growth in index market penetration particularly among equities, according to new research by Rainmaker. Indexing in Australia is now $223 billion, its ...

Statewide and Local enter merger due diligence

ELISE BURGESS  |  THURSDAY, 13 OCT 2011
... completed around mid-December. Nic Szuster, chief executive of Local Super, said in May that the funds had been hoping to merge by September 30 to take advantage of the Federal Government's CGT relief extension for merging funds, which would enable them ...

Northern Trust awarded $24bn custody mandate

ELISE BURGESS  |  MONDAY, 10 OCT 2011
Northern Trust will provide a full range of master custody and related services for the newly formed $24 billion Commonwealth Superannuation Corporation. It is the custodian's first full service super fund client. Starting early next year, Northern ...

Snowball chief announces exit plans

ELISE BURGESS  |  WEDNESDAY, 5 OCT 2011
Tony McDonald, chief executive of transitioning planning firm Snowball Financial Group, will leave the company in 12 months but not before spending the year in a new role where he will ready the merged group for industry reforms. The move is part of ...

AustralianSuper awards fresh mandates as FUM soars

MATT WOODINGTON  |  FRIDAY, 30 SEP 2011
AustralianSuper has already handed out a series of large mandates this year and reached June 30 2011 with over $43 billion in assets under management up from $32.6 billion a year earlier. Fidelity won a $525 million Australian equities mandate in the ...

AFS to focus on independent market

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
Independent dealer group, Australian Financial Services Group, has declined three alliance and merger offers from fellow planning groups as it renews its focus with new products and restructure, including a new MDA facility. The Australian Financial ...

Commonwealth Superannuation Corporation appoints CEO

RACHEL DAVIS  |  THURSDAY, 15 SEP 2011
The Commonwealth Superannuation Corporation has appointed Peter Carrigy-Ryan as its new chief executive officer. "This appointment follows a structured process involving an executive search agency, national advertising and consideration of some excellent ...

Beulah seizes post-FOFA opportunity

ELISE BURGESS  |  WEDNESDAY, 14 SEP 2011
Boutique asset management firm, Beulah Capital, has identified post reform advantages and launched its Takeover Target Managed Account to capitalise on takeovers, mergers and acquisitions by companies across a range of industries. Christian Ryan, director ...

Super growth static, public sector grows on Health Super merger

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
The superannuation industry was unable to grow during the June 2011 quarter, as benefit payments and market losses caused almost $24 billion of contributions to go unrewarded. According to the Australian Prudential Regulation Authority (APRA), Industry ...