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Showing 751 - 760 of 2369 results for "Merger"

ASIC to wind up PE Capital

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
ASIC has taken action to wind up PE Capital Funds Management and its managed investment schemes. The regulator is alleging that PE Capital operated unregistered managed investment schemes including the PE Capital Property Development Fund, PE Capital ...

AustralianSuper, Club Plus to merge

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
AustralianSuper and Club Plus Super are working towards a merger, which would see the creation of a $207 billion fund. Club Plus Super identified AustralianSuper as the right strategic, cultural and operational fit for its members and reached out to ...

QSuper makes changes ahead of merger

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
Members of $100 billion government fund QSuper have been notified of a few changes ahead of its merger with Sunsuper. After QSuper and Sunsuper executed a Heads of Agreement, confirming their intention to merge and create a $200 billion super fund in ...

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
Media Super is increasing its administration fees and insurance premiums, despite a pending merger with $60 billion industry fund Cbus. Media Super will increase its administration fee from $1.25 to $2 a week, effective from 1 July 2021. It will also ...

Jarden and Nomura form alliance

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... corporate advisory and capital markets businesses in Australia and New Zealand. The firms confirmed that this is not a merger; the alliance aims to provide greater global reach, product expertise and capital commitment for all clients of both firms. ...

CountPlus firm finalises merger

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... Carmine Decorso and Cooper Reeves principals Robinson and Nathan Manning will all become principals of the merged firm. "The merger with Cooper Reeves represents a new phase for our firm as we continue to provide personalised and professional services ...

Legalsuper adds Law Institute of Victoria chief

JAMIE WILLIAMSON  |  TUESDAY, 4 MAY 2021
The $4.5 billion industry superannuation fund has welcomed Law Institute of Victoria chief executive Adam Awty to its board of directors. Awty has replaced Ashurst partner Geoff Hone who served on the board for 11 years. "At a time when superannuation ...

LGIAsuper picks custodian for merged fund

KANIKA SOOD  |  TUESDAY, 4 MAY 2021
... June 1, and provide custody, administration, middle office services and centralised portfolio management. The Energy Super merger comes into effect on July 1 while Suncorp acquisition i s slated for a 31 March 2022 completion. "NAB's client-centric ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Increased merger activity in the superannuation sector will see most of Australia's retirement savings managed by just 12 funds, new research shows. KPMG's annual Super Insights report analysed APRA and ATO data and found that once the mergers that ...

AMP Capital fails to stop fund merger

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
AMP Capital has failed in its bid to stop a merger between the Dexus Wholesale Property Fund and the AMP Capital Diversified Property Fund. Unitholders in both funds voted in favour of the merger. The AMP Capital Diversified Property Fund (ADPF) has ...