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Showing 741 - 750 of 2369 results for "Merger"

Fund administrator eyes Australia

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
A Singapore-based fund administrator will establish full-service operations in Australia as it sees an opportunity in the local market. Ascent Fund Services currently services about US$7 billion in assets. This includes 150 products across six Asia ...

IOOF completes merger, appoints executives

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
IOOF completed its acquisition of MLC Wealth from National Australia Bank yesterday, adding 406 financial advisers to IOOF and making key appointments. Nine months after announcing the deal, IOOF has integrated MLC Wealth in a move that has also doubled ...

Super funds hunt for co-investment deals

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
Superannuation funds' appetite for alternative investments, particularly private equity and infrastructure, is heating up, new research shows. Joint research by Preqin and the Australian Investment Council reveal super funds are on the hunt for ...

Aware Super adds government relations head

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... Memorandum of Understanding with the Victorian Independent Schools Superannuation Fund (VISSF), looking into whether a merger of the two funds is in the best interest of members, which would add a further $855 million to the fund.

LGIAsuper reveals post-merger executive, board lineup

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
LGIAsuper, which is set to finalise its merger with Energy Super next month, has unveiled its new-look leadership team. In an update on the progression of the merger, after already announcing Kate Farrar as chief executive of the merged fund, LGIAsuper ...

Hostplus eyes Intrust merger

KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 21 MAY 2021
... product returned 6.7% p.a. in the three years and 8.29% p.a. in the 10 years ending April 30. Hostplus and Intrust's merger talks are in an advanced stage, Financial Standard understands. The merger for Intrust comes at a time when it is significantly ...

Super funds under $30bn should merge: APRA

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
APRA deputy chair Helen Rowell says the regulator agrees with the industry view that funds under $30 billion in assets should merge. Rowell said APRA was aware of about 12 super fund mergers currently underway. "The emerging industry view seems to be ...

Raw truth on merger process: Panel

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
With consolidation in the superannuation industry not slowing down, those who've been through a merger have revealed the anxiety, job losses and workload involved. Speaking on a panel at the AIST Conference of Major Superannuation Funds, Spirit ...

Trustee of the Year announced

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... is currently a trustee director at Spirit Super and was the chair of the investment committee at MTAA Super prior to its merger with Tasplan. She has 20 years of experience as a non-executive director. She is also a financial adviser at Pitcher Partners ...

AFCA welcomes new chair

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... future," Coonan said. Coonan is the authority's inaugural chair, appointed in April 2018 with the task of overseeing the merger of the Financial Ombudsman Service, Credit and Investment Ombudsman, and Superannuation Complaints Tribunal into one governing ...