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Showing 461 - 470 of 2368 results for "Merger"

Australian Ethical flows driven by super

ANDREW MCKEAN  |  MONDAY, 23 JAN 2023
... Super, which added $1.93 billion. As previously reported by Financial Standard, the Australian Ethical and Christian Super merger was completed on 25 November 2022. As a result, 28,000 new members were added to Australian Ethical. Australian Ethical ...

Perpetual reports $1.2bn loss amid merger

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
Perpetual reported it took a $1.2 billion hit in December ahead of its Pendal Group takeover, which is now due to be completed on Monday. Despite the loss, the investment manager said it "benefited from a rebound in equities markets" and ended the year ...

AZ NGA appoints chief financial officer

CASSANDRA BALDINI  |  WEDNESDAY, 18 JAN 2023
AZ Next Generation Advisory (AZ NGA) has appointed Dan Heckendorf as its new chief financial officer as it plans its next growth phase. Heckendorf, who will report to AZ NGA chief executive Paul Barrett, joined in October as interim chief financial ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... recovery and exit planning, require funds to have a plan in place for transferring members and exiting the market in case of a merger or failure of performance test. Super funds will be focusing on strategies to attract and retain members, including ...

Future looking bright for advice: Survey

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
A new study from Dimensional Fund Advisors suggests the local advice industry is turning the corner, with high-performing firms in Australia and New Zealand reporting higher average revenue growth. Now in its 10th year, Dimensional's study looked at ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
... Guinea, and the Philippines," it said. "We shall also see more of the superannuation consolidation down under, with the merger of Hostplus and Maritime Super scheduled for September." The report further explained investment activity will be more fluid ...

Fin365 undertakes strategic mergers

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2023
Software provider Fin365 is enhancing its capabilities by merging with two other financial services companies, appointing a head of technology services in the process. Fin365 will merge with Optimised Financial Planning Solutions (OFPS) and SMSF Paraplanners ...

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
AvSuper confirmed its potential merger with Commonwealth Super Corporation is progressing, while also significantly reducing administration fees for members. Following an Expressions of Interest process, AvSuper signed a Memorandum of Understanding ...

Perpetual promotes Anthony Aboud

ELIZABETH FRY  |  WEDNESDAY, 21 DEC 2022
... Australian Equities funds and mandates." Pezzullo replaces Paul Skamvougeras, who planned to depart the fund after the merger with Pendal. Skamvougeras arrived at Perpetual in 2007 and was appointed deputy head of equities six years ago. Before joining ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... Mercer's wider investment menu and will be able to retain their existing insurance arrangements. 5. ACSRF, UniSuper confirm merger Earlier in the year, Australian Catholic Superannuation and Retirement Fund and UniSuper signed a Heads of Agreement ...