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Showing 691 - 700 of 2369 results for "merger"

APAC pension funds fastest growing: Study

JAMIE WILLIAMSON  |  TUESDAY, 7 SEP 2021
... after recording the lowest growth in AUM at 10%. Aware Super saw the highest growth in AUM at 49%, largely because of its merger with VicSuper. As a result, it moved 22 places up the ranks. On average, the Australian funds in the list grew by 15% in ...

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
Two days after shelving a planned merger, NGS Super informed members of plans to increase fees on some investment options from October. A spokesperson for the fund said the fee increases "has no connection" to its scrapped merger with Australian Catholic ...

Aware Super to offload farm assets

JAMIE WILLIAMSON  |  THURSDAY, 2 SEP 2021
... for a new investor to "support the portfolio's long-term prosperity". The portfolio, which was held by VicSuper prior to merger, has been managed for the last 15 years by water manager and farmland develop Kilter Rural. Following significant investment ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
... tailored, industry-specific products members need with greater scale and efficiencies," Cbus chair Steve Bracks said. The merger is expected to be complete in the second half of FY22. News of the milestone follows yesterday's announcement that Bracks ...

HESTA defines perfect merger partner

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
For any super funds eyeing the $64 billion industry fund as a potential merger partner, its chief investment officer has outlined the criteria they'd have to meet. Sonia Sawtell-Rickson appeared in a session at the Australian Institute of Superannuation ...

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
... ASI 2021 conference Ross Barry cautioned that scale benefits do not deliver themselves. "The danger is that you go into a merger and sit back and think that all of a sudden scale benefits are going to full out of the sky and you're going to operate ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... passing funds, while CFS FirstChoice yesterday announced a fee cut. BOC is merging with Equipsuper, EISS is exploring a merger with TWU, LUCRF is merging with AustralianSuper and VISSF is merging with Aware Super. All of these merger partners passed ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... Super and TWUSUPER were highlighted as making commitments to improve by taking action on a shortcoming or identifying a merger opportunity. ( UPDATE: After this article was published Super Consumer Australia updated its findings, reducing the sub-sample ...

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... the two funds. On August 25, the two funds said they have decided to not merge. "Since the announcement of the planned merger in August 2020, the regulatory and commercial environments have changed considerably. Both funds will continue to focus on delivering ...

Industry funds to dominate in 2025

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
New research reveals which industry superannuation funds will dominate the sector in 2025 and squeeze out many retail funds. Rainmaker's latest Benchmarking Report shows AustralianSuper, QSuper/Sunsuper, Aware Super, UniSuper and Hostplus will become ...