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Showing 191 - 200 of 689 results for "Mergers"

Macquarie Group posts record earnings

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
... technology and business service sectors. The market-facing business also enjoyed higher fee and commission income due to mergers and acquisitions growth and higher net interest in the private credit portfolio. Of note, whilst Australia's total income ...

Hostplus, Statewide Super finalise merger

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
... sectors. It also includes several defined benefit members, with Elia commenting: "This positions the fund well for future mergers. The ability to service defined benefit members will further broaden our appeal and suitability as a merger partner and ...

AustralianSuper, LUCRF Super agree to SFT

JAMIE WILLIAMSON  |  MONDAY, 11 APR 2022
... focus on delivering great outcomes for members". "AustralianSuper's absolute priority in everything we do, including mergers, is to be members first and achieve the best outcomes for members," Kerlin said. "The merger is an opportunity to deliver ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... all metrics and will likely struggle to compete with larger RSEs, APRA said. Taking the opportunity to encourage more mergers, APRA said analysis of merger outcomes since the heatmaps began in 2019 shows combined fee savings because of merging of about ...

AvSuper marks strong EOI response, adds to board

JAMIE WILLIAMSON  |  MONDAY, 28 MAR 2022
... than two decades before retiring in early 2021. Among other things, Coogan is well versed in strategic planning and fund mergers, expertise that will come in handy as AvSuper considers its options. "David brings us a wealth of experience in the superannuation ...

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... September 2012 and March 2021 to $467 billion. Increased concentration of listed equity ownership among super funds, driven by mergers and in-housing, "is likely to lead to greater potential for the simultaneous ownership of shares in competing companies ...

Super mergers only beginning: J.P. Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
We've only seen the start of consolidation in superannuation, with mergers to accelerate, according to a new survey from J.P. Morgan. J.P. Morgan's inaugural Future of Superannuation Report interviewed 12 super fund leaders, who collectively manage ...

PE Capital in liquidation

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... director of Barnes Capital. Simon Day was the chief executive; he worked in corporate finance at PwC and was a partner in mergers and acquisitions at Deloitte earlier in his career.

Insignia loses self-employed advisers

KARREN VERGARA  |  THURSDAY, 27 JAN 2022
... either retired or exited the industry altogether during 2021, Insignia facilitated over 50 intra-group acquisitions and mergers; it expects its adviser numbers to stabilise from 1 July 2022. Some 97% of Insignia advisers have completed their exams. During ...

Cbus to launch new investment options

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
... mid-February. Cbus chief investment officer Kristian Fok said the fund is launching the new options with the possibility of future mergers in mind, as well as corporate superannuation markets. "Our default Growth MySuper option is a top quartile product ...