Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 221 - 230 of 2365 results for "Merger"

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... Super's investment options will be renamed and changed to align with those currently offered by CareSuper ahead of their merger in November. Spirit Super's default balanced investment option will shift to a more defensive stance, adjusting its ...

Consultation begins on new merger notification thresholds

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
The government has begun consultation on proposed changes to merger notification thresholds as part of broader reforms designed to boost competition and productivity. Treasurer Jim Chalmers said in a joint statement said that they're designed to ensure ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... the Australian Custodial Services Association. Vision Super chief executive Stephen Rowe said as the fund embarks on the merger with Active Super, partnering with J.P. Morgan will be essential to the integration. "This is an exciting time in our history ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... National Australia Asset Management. He's previously sat on the board of Combined Super and then Prime Super following the merger of the two. He's also done consulting work with the likes of Legg Mason, Infrastructure Capital Group and Lighthouse Infrastructure ...

ISPT, IFM Investors merger advances

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
The merger of IFM Investors and ISPT has moved forward as the latter's shareholders agree on the conditions of the deal. ISPT's board has notified IFM Investors that it "has elected to support a binding offer made to ISPT and their unit holders." ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
State Street Global Advisors (SSGA) has taken a 5% stake in micro-investment platform Raiz as the latter uses funds to expand its market share and jump on the artificial intelligence bandwagon. SSGA will acquire its 4.8% interest worth $1.97 million ...

Minchin Moore merges with Brand Financial

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... Financial to open its new Brisbane office in a move it said is part of its national expansion strategy. In addition to the merger, Justin Brand has been names as partner and regional manager for Queensland. Brand is the founder of Brand Financial and ...

RI Toowoomba eyes regional market

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... English said. The group is targeting $10 million-plus in revenue in the near future. RI Toowoomba started ramping up its merger and acquisition activity in 2010. "We've done about 15 acquisitions over that period. We're back in that [acquisition] ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... exited Australian Retirement Trust (ART) as chief executive in February 2024. He spent two years at ART where he oversaw the merger and integration of Sunsuper and QSuper. He was first hired at Sunsuper in 2019 as its chief executive before leading ART. ...

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
... newly created roles is testament to the strength and depth of the team. This is further evidence of the benefits of the merger to ART members and I know our members and their retirement savings are in safe and talented hands." The high-profile Lo is ...