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Showing 841 - 850 of 2369 results for "Merger"

Aware Super in-houses fund administration

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... administration systems (across a mix of insourced, outsourced and hybrid operating models) after integration of StatePlus and merger with VicSuper. The transition will take 18-24 months, with in-house administration likely to start in mid-2022. "By reducing ...

Global firm hires local distribution head

JAMIE WILLIAMSON  |  TUESDAY, 20 OCT 2020
... Asia Pacific will be key to this next stage of growth for the company." Federated Hermes was formed in 2018 through the merger of Hermes Investment Management and Federated Investors.

Industry fund hikes income protection premiums

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
Ahead of its proposed merger with Cbus, Media Super has announced an increase in insurance premiums for default and non-default income protection. The premiums will increase from 1 December 2020 and will apply to members who receive automatic default ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
The Australian Prudential Regulation Authority is considering making changes to its MySuper Heatmap to reflect the reforms proposed by the government in the federal budget. Speaking at the Australian Institute of Superannuation Trustees Online Chair ...

Stanford Brown adds partner

KARREN VERGARA  |  MONDAY, 12 OCT 2020
Stanford Brown has welcomed a new partner and financial adviser to the firm shortly after it named a new chief executive. Nicky Boustred has joined as a private wealth adviser and shareholder, after running Nixon Boustred Advisory, a financial planning ...

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
... and offered Powerwrap shareholders 7.5 cents per share cash and one Praemium share for every two Powerwrap shares. The merger of the platform providers will create the second largest independent specialised platform provider with combined funds under ...

Financial services firm names new directors

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
... firm with $1.55 billion in funds under management has appointed two new directors to its board following the its recent merger. Euroz Limited has appointed Ian Parker and Richard Simpson to its board, both who bring extensive experience and financial ...

Queensland funds explore merger

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Two Queensland industry funds have signed a memorandum of understanding to explore a merger which could create a $20 billion superannuation fund. Energy Super and LGIAsuper will commence due diligence on an exclusive basis, to vet if a merger will be ...

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
A fund manager that played a part in Legg Mason and Franklin Templeton's merger has now bought 9.9% stakes each in Janus Henderson Group and Invesco, sparking speculation of a potential merger in the latter two. Trian Funds Management revealed the positions ...

Media Super names new chair

ELIZA BAVIN  |  THURSDAY, 1 OCT 2020
... of Media Super Gerard Noonan is retiring at the end of the month as the $6 billion fund continues its due diligence in merger talks with $52 billion fellow industry fund Cbus. Susan Heaney is set to step into the role, with Media Super saying she is ...