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Showing 781 - 790 of 2914 results for "Merge"

WAM ups PAF takeover bid

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
... Fund (PGF), told the ASX this morning that it accepted all its PAF shares into the WAM offer. PAF originally intended to merge with PGF. This proposal was rejected by shareholders on 13 December 2021 when it failed to receive the majority 75% of votes. ...

QSuper merger update, fee cuts

ELIZABETH MCARTHUR  |  TUESDAY, 11 JAN 2022
... the form of fee cuts, after it merges with Sunsuper to create Australian Retirement Trust. The $133 billion QSuper will merge with $90 billion Sunsuper on February 28. The QSuper brand will continue as part of Australian Retirement Trust for existing ...

Foresters Financial appoints chief executive

KARREN VERGARA  |  MONDAY, 10 JAN 2022
A former Australian Unity executive has taken on the reins at Foresters Financial as chief executive. In December, Emma Sakellaris was appointed chief executive of Foresters Financial, a provider of investment, funeral and insurance products with $390 ...

VGI Partners confirms merger talks

KARREN VERGARA  |  MONDAY, 10 JAN 2022
VGI Partners quelled media speculation and confirmed that it could potentially merge with another fund manager. ASX-listed VGI Partners said Regal Funds Management is one of many parties it is engaging with for a potential merger. "VGI is aware of its ...

QSuper bets on US recovery

ELIZABETH MCARTHUR  |  THURSDAY, 6 JAN 2022
QSuper, which will rebrand to Australian Retirement Trust upon its $230 billion merger with Sunsuper, has announced a series of investments in the US economic recovery. The fund said it has invested around $1 billion in US transport and industrial assets ...

Future Super hires operations chief

KARREN VERGARA  |  THURSDAY, 6 JAN 2022
Ethical superannuation fund Future Super has appointed a chief operating officer from Club Plus Super. David Barton was hired in the newly created position in December, wrapping up a similar role at Club Plus where he spent more than four years. Barton's ...

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
... merging with Cbus, with the successor fund transfer expected to complete in the coming months. Cbus is also expected to merge with EISS Super by July this year.

WAM to acquire two LICs

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... to $2.3 billion. Westoz Investment Company (ASX: WIC) and Ozgrowth (ASX: OZG) have entered into an agreement with WAM to merge under separate transactions. WAM is proposing to acquire 100% of the shares in Westoz and Ozgrowth that it does not currently ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
Cbus has come to EISS Super's rescue, after the latter was directed by APRA to merge as soon as possible. Cbus and EISS Super have signed a Memorandum of Understanding to complete a merger next year, with Cbus chief executive Justin Arter saying ...

ISPT takes stake in property fund manager

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
ISPT has acquired a stake in a subsidiary run by ASX-listed E&P Financial Group, paying $12 million for its share. ISPT is to become part owner of E&P's Fort Street Real Estate Capital (FSREC), a real estate investor and asset manager which also ...