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Showing 3051 - 3060 of 15784 results for "TER"

Prime Super, YES Group acquire Savant

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
Prime Super and Yates Electrical Services (YES) Group have bought 100% of Savant Energy Power Networks. The deal will see the delivery of renewable energy solutions to developers and occupiers of apartments, retirement villages, shopping centres and ...

Wayne Byres to stand down

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
Wayne Byres has resigned as chair of APRA after eight years in the seat and almost 25 years with the regulator. In a statement, Byres said it has been an honour and a privilege to serve as the APRA chair and that he is pleased with what has been achieved ...

Legalsuper hires from ART, Perpetual

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
A chief operating officer and a head of product will join the legalsuper leadership team following its restructure earlier this year. Trevin Erichsen has been appointed chief operating officer, joining from Australian Retirement Trust where he is currently ...

Perpetual funds down amid market decline

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
Perpetual has reported its total assets under management (AUM) have slumped 8% to $90.4 billion in the June quarter. Perpetual Asset Management Australia's AUM was down 16% to $21.3 billion and net outflows for the quarter were $1.9 billion. The ...

Victoria has the best economy - but not by much

CHLOE WALKER  |  MONDAY, 25 JUL 2022
CommSec's latest quarterly data shows Victoria is the best performing economy in Australia, ending Tasmania's long run at the top for the past nine quarters. In fact, Tasmania has slipped to third position in the rankings of the best performing economies ...

Certe acquires Genesis Financial Partners

CASSANDRA BALDINI  |  MONDAY, 25 JUL 2022
Certe has acquired Genesis Financial Partners with a vision to create a large, integrated professional services firm with over 20 staff and nine advisers. Under the deal the specialist insurance advisory firm has acquired 60% of Genesis upfront and ...

Capital Group trims management fees

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
Capital Group is reducing management fees on its Australian funds. As the Australian business has achieved steady growth over the past decade, the fund manager has decided to introduce a new fee regime to reflect its enlarged scale. "A new fee regime ...

Responsible managed funds outdo markets

ANDREW MCKEAN  |  FRIDAY, 22 JUL 2022
The responsible investment managed funds market in Australia and New Zealand experienced 43.6% annual growth, outperforming the wider market. Plan For Life research said on average, over the past five years, responsible funds grew 22% per annum compared ...

PSP Investments names new chief

JAMIE WILLIAMSON  |  FRIDAY, 22 JUL 2022
The Canadian pension fund manager will see a new chief executive take over in September, also assuming the role of president. Currently senior managing director, global head of real assets and chief sustainability officer at CPP Investments, Deborah ...

Australia's size problem: VanEck

ANDREW MCKEAN  |  FRIDAY, 22 JUL 2022
Australian equities concentration on financial and resources heavyweights make factor investing in domestic markets an ineffectual strategy, according to VanEck research. While historically factor investing has achieved excess market returns over the ...