Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 851 - 860 of 2369 results for "Merger"

ASX director retires

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... non-executive director has departed the ASX after more than 14 years of service, having joined the board in 2006 following its merger with the Sydney Futures Exchange. Announcing Peter Warne's retirement during the exchange's annual general meeting ...

Praemium to acquire remaining Powerwrap shares

ALLY SELBY  |  MONDAY, 21 SEP 2020
... $55.6 million off-market takeover bid to acquire Powerwrap in early July, with chair Barry Lewin at the time noting the merger would be "an exciting opportunity for Powerwrap and Praemium shareholders alike". The Powerwrap board of directors unanimously ...

Industry, APRA mull super merger costs

JAMIE WILLIAMSON  |  THURSDAY, 17 SEP 2020
... to devise a lower cost option for fund mergers, with smaller funds currently facing the potential of being priced out of merger opportunities. Appearing as part of a session on super mergers, PwC partner Catherine Nance has told the AIST virtual conference ...

Tasplan raises IP premiums

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... group insurer for IP, death as well as total permanent disability (TPD) cover is MetLife. Tasplan is due for 1 April 2021 merger with MTAA Super, creating a $22 billion fund. In January, MTAA Super increased the cost of death and TPD cover for its members ...

VFMC director nabs global role

ALLY SELBY  |  TUESDAY, 15 SEP 2020
... Latin America and the Caribbean, and a director of global strategy. He joined Barclays Global Investors in 2000, before its merger with BlackRock in 2009. Here, he served as its Latin America and Caribbean chief executive. Prior to this, he Gamba worked ...

Australian Unity adds to leadership

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
Australian Unity's property division has appointed an Ocean St Capital Advisers executive director to the newly created role of general manager - investment and origination. James Goodwin has around 20 years' experience in property will be responsible ...

Fintechs drive venture capital: KPMG

ANNABELLE DICKSON  |  WEDNESDAY, 9 SEP 2020
Venture capital investment in Australian fintechs has grown despite concerns about the pandemic which has seen private equity and mergers and acquisitions activity fall, a new study from KPMG shows. KPMG's latest Pulse of Fintech report reveals ...

Milestone Group appoints APAC lead

ALLY SELBY  |  TUESDAY, 8 SEP 2020
... super funds, which she believes would benefit greatly from Milestone Group's product offerings. "We are seeing a lot of merger and acquisition activities among our super funds; they're turning into larger financial institutions in their own right ...

Adviser demands answers from Media Super

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
... provisions for permanent incapacity. Johns said he hopes the apparent administrative delays aren't a result of the pending merger between Cbus and Media Super. "Can you imagine how many other people are suffering if the merger is impacting that? ...

Fees fall after super mergers: Research

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... fund's fees were lowered, with members seeing an average fee drop of 21%. For the fund with lower fees going into the merger, seven of the 11 saw an average reduction of 5%. Meanwhile, nine of the 11 funds saw fees drop or stay the same when comparing ...