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Showing 191 - 200 of 408 results for "GLA"

Fox urges advisers to become professionals

EMMA RAPAPORT  |  TUESDAY, 21 FEB 2017
Professionalism, trust, and gaining public confidence were the key takeaway messages from AFA chief executive Brad Fox at this year's Genxt Connect Tour. Speaking to a crowded Sydney ballroom, Fox plead financial advisers to take the financial standards ...

TCorp confirms new custodian

JAMIE WILLIAMSON  |  MONDAY, 12 DEC 2016
The NSW Government will save $80 million by appointing Australia's largest custodian to the pooled investment funds of three government agencies. Following a competitive tender process, J.P. Morgan will provide custodial services for the recently merged ...

Pillar sold to Mercer

DARREN SNYDER  |  FRIDAY, 2 DEC 2016
Mercer is upping its stakes in superannuation administration by acquiring Pillar from the NSW Government for $35 million. The deal establishes Mercer as one of the largest outsourced superannuation providers in Australia, increasing funds under administration ...

ANZ has little time for robo-advice

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2016
ANZ chief executive Shayne Elliott said the bank won't be embracing robo-advice any time soon. Speaking at a Reuters Newsmaker event in Sydney yesterday, Elliott told attendees that ANZ's focus moving forward is on becoming the best bank in the world ...

Prime Value fund added to Macquarie Wrap

JAMIE WILLIAMSON  |  WEDNESDAY, 16 NOV 2016
The Prime Value Opportunities Fund has been added to the Macquarie Wrap Platform. Managed by Prime Value Asset Management, the Australian equities fund has averaged a return of 13.3% since its inception in November 2012. Aiming to achieve absolute returns ...

Link makes Pillar bid

DARREN SNYDER  |  FRIDAY, 11 NOV 2016
Giant superannuation administrator Link Group has submitted a binding proposal to acquire Pillar Administration from the NSW government. In the past month Link has worked closely with the Australian Competition and Consumer Commission (ACCC) in developing ...

Westpac commits to social finance leadership

DARREN SNYDER  |  THURSDAY, 3 NOV 2016
Westpac says it is dedicated to leading the development of social finance in Australia and is eager to introduce other institutional investors to future transactions. Westpac Institutional Bank executive director and head of structured finance, Greg ...

AustralianSuper, IFM Investors buy Ausgrid in five weeks

DARREN SNYDER  |  FRIDAY, 21 OCT 2016
The Ausgrid acquisition by AustralianSuper and IFM Investors was prepared in five weeks, representing the sheer capabilities behind two of Australia's largest institutional investors. A spokesman for IFM Investors confirmed the consortium began preparing ...

Super and innovation: a glass half full

DARREN SNYDER  |  MONDAY, 10 OCT 2016
Innovation Australia chairman Bill Ferris holds a "glass half full" view on the superannuation industry's contribution to technological advancement across the country. Ferris said superannuation funds are buying in to the discussion and narrative about ...

AustralianSuper and IFM seek energy asset

DARREN SNYDER  |  MONDAY, 26 SEP 2016
About 30 superannuation funds are in line to own a majority share in Ausgrid, one of New South Wales' largest electricity networks. Ahead of the NSW government re-launching its Ausgrid acquisition process, both IFM Investors and AustralianSuper submitted ...