Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 551 - 560 of 2912 results for "Merge"

abrdn terminates funds amid transition

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2023
... is undertaking a review of its offerings globally, having last year confirmed to Investment Week that it was planning to merge or terminate at least 100 funds. In December, the local Absolute Return Global Bond Strategies Fund was also shuttered. Meantime ...

Commonwealth Super Corp hires former MTAA investments lead

ELIZABETH FRY  |  FRIDAY, 17 FEB 2023
... national accounts. His appointment to CSC follows a release by AV Super chief executive, Michael Sykes that the fund will merge with the Australian Retirement Trust. Up until December, AV Super had planned a tie-up with CSC. In that event, Brown would ...

Cushman & Wakefield adds to local leadership

CHLOE WALKER  |  FRIDAY, 17 FEB 2023
Guy Bennett has been appointed to lead the commercial real estate offering in Australia and New Zealand for global firm Cushman & Wakefield. Bringing over 23 years' experience in commercial real estate, Bennett has previously held roles across all facets ...

Industry fund joins the million-member club

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
HESTA has welcomed its one-millionth member and reaffirmed its commitment to growth through its three-year strategic plan. AustralianSuper was the first fund to have one million members, reaching milestone in 2012. Since then, Rest, Hostplus, and Aware ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
... of the next steps, providing regular updates via webinars and newsletters just as we have so far." AvSuper had planned to merge with CSC, but that has now fallen through as "required changes" to legislation are unlikely to be delivered in 2023, AvSuper ...

HALO acquires UK fund manager

CHLOE WALKER  |  WEDNESDAY, 15 FEB 2023
The purchase of London-based Resilient Funds Management is set to fast-track the equities research and software firm's entry into UK and European markets. The deal, funded by capital raising during HALO's IPO, marks a material milestone for ...

Mason Stevens welcomes former Iress chief

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
Mason Stevens has appointed former Iress chief executive Andrew Walsh as chair of its board. Mason Stevens chief executive Tim Yule said Walsh brings nearly three decades of experience in financial services to the role. "Including 13 years at the helm ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
Analysts warn that the first six months of 2023 will be the toughest for financial markets but expect more positive momentum by the end of the year. According to Fidelity International's annual analyst survey, over the next 12 months, debt defaults ...

AFA, FPA propose merged entity name

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
Australia's two peak financial advice associations have flagged the new name of the proposed entity should their merger go ahead. The Financial Planning Association of Australia (FPA) and Association of Financial Advisers (AFA) will be known as the ...

AZ NGA buys stake in Melbourne advice firm

CHLOE WALKER  |  MONDAY, 6 FEB 2023
AZ Next Generation Advisory (AZ NGA) has expanded its Victorian footprint, partnering with accounting and advice firm McLean Delmo Bentleys. McLean Delmo Bentleys employs approximately 90 staff across wealth management, accounting, and auditing. As ...