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|The industry superannuation fund has completed its merger with WA Super initiated earlier this year and now has $135 billion in assets and one million members. The merger gives Aware Super 60,000 members in Western Australia. The smaller fund's ...|
|IOOF yesterday said it won't be pursuing an offer to buy its retail trustee Australian Executor Trustee business. On August 31, IOOF said it had received an expression of interest for AET. "IOOF has considered the expression of interest and confirms ...|
|Qualitas has partnered for a new fund that is starting with a $1 billion pipeline of multifamily housing assets in Melbourne. Qualitas is working with GURNER, with whom it has previously partnered on $150 million investment in build-to-sell development. ...|
|The $22 billion corporate superannuation fund has hired from HESTA to appoint a new head of equities, including both domestic and international stocks. Dominique D'Avrincourt will join TelstraSuper in January, Financial Standard 's sister publication ...|
|Ellerston Asian Investments has added a former super fund chief investment officer to its board. Marian Carr joined as a non-executive director on December 1. She has previously worked as the chief investment officer of the CSR Group superannuation ...|
|Advice and accounting group Kelly+Partners has partnered with Austbrokers to exchange expertise, including life insurance broking. The two ASX-listed companies will set up a new operation called Austbrokers Kelly+Partners which will be owned 50% by ...|
|Christopher Joye's Coolabah Capital has been appointed to manage a floating-rate bond fund from Contango Asset Management. The Switzer Higher Yield Fund (or SHYF) will aim for 1.5% to 3% over RBA cash rate on a rolling 12-month basis. The fund will ...|
|Pinnacle Investment Management's Adrian Whittingham is transitioning to a part-time role, with the view of becoming a non-executive director late next year. He requested the change to part-time, the firm said in ASX filings. He will continue to be a ...|
|ClearView's LaVista Licensee Solutions is adding a former MLC Financial Planning firm. LaVista will provide licensee services to Sydney-based Investorplan. "I get a lot of confidence knowing that LaVista leverages the back-office resources and infrastructure ...|
|Industry superannuation fund Cbus's former chief executive David Atkin is joining AMP Capital as its deputy chief executive, effective December 7. "Atkin will assume operational leadership of AMP Capital in an interim capacity until June 2021, while ...|
Willis Towers Watson (WTW) has announced a new head of retirement for Australasia as Brad Jeffrey retires after serving 40 years with the company.
Perpetual Investment Management has appointed a new custodian, replacing RBC Investor and Treasury Services following its exit from the Australian market.
Zenith Investment Partners has partnered with MSCI to enhance the delivery of institutional-grade portfolio analysis, service scalability, insights and reporting to its managed account portfolio clients.
The neobank has become the first Australian bank to return its customer deposits after it withdrew its banking products and announced the return of its authorised deposit-taking institution (ADI) licence.
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