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Showing 581 - 590 of 6229 results for "MER"

NZ Super Fund names acting chief investment officer

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
The Guardians of NZ Superannuation (Guardians) has appointed Alex Bacchus as acting chief investment officer. Bacchus joined the super fund in 2009 and has held various roles in the risk and asset allocation teams. Since 2014, he has led the super fund's ...

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
The Federal Court has denied Keybridge Capital's appeal against Wilson Asset Management (WAM) and ordered them to pay costs in a court battle that has been dragging out for four years. In June 2020, Keybridge launched legal proceedings against WAM alleging ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
Active Super has been found guilty of misleading the public with false claims about its environmental, social, and governance (ESG) credentials. The profit-to-member fund, which is set to merge with Vision Super in March 2025, made claims on its website ...

Four advice firms merge, launch Esencia

KARREN VERGARA  |  MONDAY, 3 JUN 2024
Four financial advice firms have merged to form Sydney-based practice Esencia Wealth. Advise Wise, Insight Private Wealth, Sovereign Wealth Partners, and Randle Advisory have joined forces under one banner, which is self-licensed. Matthew Fenning serves ...

Regal Partners acquires Merricks Capital

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
Regal Partners has announced it will acquire 100% of hard asset investment specialist Merricks Capital for approximately $235 million. As at April 30, Merricks managed approximately $2.9 billion in capital across three dedicated funds and a number of ...

Vision Super chair departs

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
Lisa Darmanin, Vision Super's chair for almost three years, has stepped down to become a Senator for Victoria. Darmanin was the fund's first female chair, having held the role since July 2021. She replaced Geoff Lake, under whom she served as ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
Superannuation assets soared to $3.9 trillion, jumping 11.3% at the end of March despite the number of APRA-regulated funds shrinking. The latest APRA statistics show that a wave of contributions drove the momentum as well as investments returning 10.9% ...

Schroders announces structural, leadership changes

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
Schroders Australia has announced a structural change to its Australian fixed income and Australian multi-asset teams. Under the changes the two teams will come together as a combined investment capability under a single point of leadership. Schroders ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Expensive retail superannuation funds have finally become competitive with industry funds after bringing down their administration fees, a new analysis by KPMG shows. KPMG found that admin fees for MySuper products have come down from 0.33% to 0.26% ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Mercer Super to ensure it addresses risk management and compliance management deficiencies identified by the regulator. The risk management and compliance ...