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Showing 541 - 550 of 2917 results for "Merge"

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... Swiss National Bank (SNB) will provide an additional $160 billion (CHF 100 billion)) in liquidity assistance to support the merge. UBS plans to appoint key personnel to Credit Suisse as soon as possible and UBS has "expressed its confidence that the ...

Spirit Super appoints deputy chief investment officer

ELIZABETH FRY, JAMIE WILLIAMSON  |  FRIDAY, 17 MAR 2023
The $26 billion industry superannuation fund will soon welcome a deputy chief investment officer, recruiting from Frontier. Philip Naylor has been named in the role and will join the fund in April. In addition to being deputy chief investment officer ...

Barings takes over Gryphon Capital

CHLOE WALKER  |  THURSDAY, 16 MAR 2023
The multi-billion-dollar global investment firm has agreed to acquire 100% of Sydney-based Gryphon Capital Partners (Gryphon), the parent company of wholly owned Gryphon Capital Investments (GCI). The deal aims to further accelerate Barings' entry ...

Active fund managers historically underperform: SPIVA

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
A staggering majority of actively managed Australian equity funds are underperforming in the short term and across every time horizon, the latest SPIVA Scorecard reveals. Nearly 79% of active fund managers focused on Aussie equities underperformed the ...

QIC files plans for $750m sustainable development

ANDREW MCKEAN  |  MONDAY, 13 MAR 2023
QIC has filed plans for a $750 million sustainable development in Brisbane, a mixed-use precinct opposite the Albert Street Cross River Rail station. The proposed 40-story building at 101 Albert Street that combines commuter amenities and services ...

FPA policy and advocacy lead steps down

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
... Financial Advisers chief executive Phil Anderson will act as interim general manager of policy and advocacy for the soon-to-merge association, in addition to overseeing the transition. "A permanent decision will be made once the merger is finalised," ...

AFA celebrates 10 years of Inspire

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
The Association of Financial Advisers celebrated 10 years of AFA Inspire at an event in Sydney, sharing that the community will continue on following the merger with the Financial Planning Association of Australia. Marking International Women's Day ...

Corporate fund transfers members to ART

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... the company's superannuation arrangements." Last month, ART announced it had signed a Memorandum of Understanding to merge with AvSuper, after the latter's plans with Commonwealth Superannuation Corporation fell through. Just days later, it was ...

Allan Gray transfers platform, exits super

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2023
Allan Gray Australia is exiting the platform market, inclusive of its superannuation offering, to focus on its core funds management business. Effective April, Allan Gray will transfer the Allan Gray Solutions platform to OneVue Wealth Services. The ...

Australian Retirement Trust reshapes executive team

JAMIE WILLIAMSON  |  THURSDAY, 2 MAR 2023
Australian Retirement Trust is overhauling its senior leadership, in a move that will see the departure of two executives and the creation of a chief of retirement position. The $240 billion fund said the overhaul is part of plans to best position itself ...