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Showing 631 - 640 of 2914 results for "Merge"

ART chair steps down

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
Don Luke is retiring as chair of Australian Retirement Trust later this year, with Andrew Fraser named as his replacement. Fraser, chair of Sunsuper before it merged with QSuper to create ART, will take over from mid-October, while Luke will remain ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
... inaugural performance test last year. Even so, the prudential regulator pushed funds with less than $30 billion in assets to merge with their larger counterparts. Taylor predicts a bit of a reset. "There could be a bit of a rethink - that the regulator ...

More consolidation is needed, says Diverger chief

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
Diverger managing director Nathan Jacobsen believes more consolidation must happen within the financial advice industry. "I think we are one of the larger service providers and yet, by listed company standards, we're small," he explained in a recent ...

Managed funds industry records $16bn net flows

ANDREW MCKEAN  |  TUESDAY, 27 SEP 2022
The managed fund industry had estimated net flows of $16 billion in the 12 months to June 2022, an increase in funds under management (FUM) through net flows of 2.3%, according to the Rainmaker Information Wholesale Managed Funds Net Flows report. However ...

AFA president positive on industry outlook

ANDREW MCKEAN  |  WEDNESDAY, 21 SEP 2022
At the opening of the Association of Financial Advisers' Thrive conference, AFA president Sam Perera expressed an extremely optimistic outlook about the advice industry's future. "I do believe we are turning a corner, the opportunities we have are tremendous ...

QIC adds to multi-sector private debt team

ELIZABETH FRY  |  WEDNESDAY, 21 SEP 2022
QIC's multi-sector private debt team is expanding with the appointment of Carlo Lucci as an associate director. Lucci has a background in leveraged finance, corporate and institutional banking, private credit, mergers and acquisition transaction ...

Ethereum merge: What it means for crypto

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
Ethereum's long-awaited merge has been finalised, the US$180 billion cryptocurrency's upgrade to a proof-of-stake mechanism slashing its energy consumption by 99.95%. Explaining the merge, Labrys founder and chief executive Lachlan Feeney said: "The ...

FPA Congress a chance to 'reunite, reset'

CHLOE WALKER  |  FRIDAY, 16 SEP 2022
... and understand their changing needs, particularly in the post-pandemic environment. Now with a proposal put to members to merge with the Association of Financial Advisers (AFA), the FPA Congress will be the first major industry event held after the result ...

Rising number of active funds underperforming: SPIVA

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
Most active funds underperform in every reported category over longer-term horizons, according to the biannual S&P Indices Versus Active Funds (SPIVA) Australia Scorecard. However, although long-term performance statistics are poor, the SPIVA Australia ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... the friction removed from the process so that funds that have decided it's in the best interests of their members to merge, we can ensure that those processes occur swiftly and with less friction than is currently in the process," he said. He concluded ...