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Showing 501 - 510 of 2912 results for "Merge"

Vanguard restructures retail unit, creates executive roles

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... businesses, appointing two executives to newly created roles to help lead the merged retail units. The fund manager will merge the two retail divisions comprising superannuation and non-superannuation offerings. Renae Smith will become the chief of Personal ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
Investors are poised to benefit from long-term investments in the minerals and technology needed to reach net zero, a global ETF provider has revealed. Global X ETFs Australia outlined the major exchange traded fund (ETF) investment megatrends - highlighting ...

Super fund blunder likely down to bad data: Podcast

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... identify duplicates at least annually. "But the issue here is, the requirement is to give effect to the procedures and to merge the multiple accounts that those trustees identify. It's actually possible to comply with the law, and not identify multiple ...

Hostplus surpasses $100bn in FUM

CHLOE WALKER  |  WEDNESDAY, 17 MAY 2023
Hostplus says the growth has been driven by a combination of mergers and strong member growth. According to APRA data, as of June 2022 the fund had about $82.5 billion in FUM. Less than 12 months later, it has tipped over $100 billion, held on behalf ...

Former super fund investment chief lands new gig

CHLOE WALKER  |  WEDNESDAY, 17 MAY 2023
Foresters Financial has appointed former Media Super executive Michael McQueen as its new chief investment officer. McQueen brings 15 years' experience in financial services to Foresters, including extensive experience in super fund mergers, most recently ...

Cbus eyes big deals in new investment blueprint

ANDREW MCKEAN  |  TUESDAY, 16 MAY 2023
Cbus unveiled a new investment strategy, focused on lucrative global partnerships and boosting internal asset management to 50%. The strategic pivot comes on the heels of Cbus' merger completion with EISS Super. Cbus acting chief executive Kristian ...

Adviser numbers drop, FAAA strengthens recruitment

KARREN VERGARA  |  MONDAY, 15 MAY 2023
As adviser numbers drop below 16,000, the Financial Advice Association Australia (FAAA) is ramping up its initiatives to curb the attrition rate and meet the soaring demand for advice. The FAAA's chief executive Sarah Abood, who spoke at the newly merged ...

Ex-Vocus chair indicted for insider trading

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
Former Vocus chair Vaughan Bowen has been indicted on two counts of insider trading relating to the EQT Infrastructure IV Fund's proposal to acquire Vocus. ASIC alleged that Bowen traded over five million Vocus shares in June 2019 while in possession ...

Cbus, EISS Super finalise merger

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2023
... the funds signing a Memorandum of Understanding in December 2021. This followed EISS Super being told by APRA that it must merge, as well as a failed merger attempt with TWUSUPER. Cbus chair Wayne Swan said preparation for the merger was involved, including ...

Super fund members eye change

ANDREW MCKEAN  |  FRIDAY, 12 MAY 2023
The superannuation industry is witnessing a 13-year peak in members' intention to switch funds, according to the latest Super member engagement report by Investment Trends. The report revealed that this surge in switching intention aligns with a substantial ...