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Showing 521 - 530 of 6229 results for "MER"

Mercer Super reorganises leadership, chief executive changes roles

ANDREW MCKEAN  |  WEDNESDAY, 4 SEP 2024
Mercer Super chief executive Tim Barber will take on a new leadership position at Marsh McLennan; Claire Ross will step up as his successor. In his new role, Barber will "develop and implement growth strategies" for small and medium enterprises (SMEs) ...

Fitzpatricks appoints new chief

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
Fitzpatricks Financial Group named a new chief executive to replace Jodie Blackledge. Andrew Fairweather is the new leader of the wealth group, commencing in the role on August 14. Blackledge stepped down after four years in the top job and a total ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
Spirit 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 ...

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
Australian Ethical will transition its custody and investment administration to State Street. The investment manager said its investment focus will be the delivery of "key inflight projects" in FY25, including the transition to State Street as its current ...

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 ...

Platinum outflows drag performance

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
Persistent outflows cost Platinum Asset Management dearly in the last financial year as it hopes its new business unit, the Platinum Partner Series, will improve returns and stabilise flows. The 30% decrease in funds under management (FUM) to $13 billion ...

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

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
J.P. Morgan has been appointed as the new custodian for Vision Super, replacing NAB Asset Servicing. The investment bank said that it's completed the transition of the $13.8 billion industry super fund, which is set to merge with Active Super on 1 March ...

Aware Super completes first UK deal

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
Aware Super has completed its first infrastructure engagement in the UK, investing in London-based euNetworks. euNetworks builds and invests in city and long-haul fibre networks to connect European data hubs and centres. It operates across 18 cities ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
Following a revision of its constitution, NGS Super will welcome its first independent chair in 2025. The industry fund, which caters to education professionals, has revised its constitution to allow for the inclusion of independent directors on its ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The monthly Consumer Price Index (CPI) indicator rose 3.5% in the 12 months to July, down from 3.8% in June, according to the latest data from the Australian Bureau of Statistics (ABS). The most significant contributors to the annual rise were housing ...