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Showing 921 - 930 of 6231 results for "MER"

Australian Retirement Trust reshapes executive team

JAMIE WILLIAMSON  |  THURSDAY, 2 MAR 2023
Australian Retirement Trust is overhauling its senior leadership, in a move that will see the departure of two executives and the creation of a chief of retirement position. The $240 billion fund said the overhaul is part of plans to best position itself ...

Gurner Group welcomes first investment chief

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
Credit Suisse's head of real estate has been named Gurner Group's first chief investment officer. Rahul Bharara spent close to three years as Credit Suisse Australia's head of real estate and seven years as director of real estate investment banking ...

FPA and AFA set to merge

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
The two major advice associations will merge to create the Financial Advice Association of Australia as voted by members today. Members of the Association of Financial Advisers (AFA) and Financial Planning Association of Australia (FPA) overwhelmingly ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
Setting a precedent, the corporate watchdog has taken Mercer Superannuation Australia to court for alleged greenwashing conduct. Mercer marketed the Sustainable Plus options, available in the Mercer Super Trust (MST), as suitable for members who "are ...

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
Clime Investment Management's statutory net profit after tax (NPAT) slid 47% on the back of integration costs and investors won't receive an interim dividend, as it plans for more M&A activity. Clime's NPAT has slid to $236,000 from $445,000 in its ...

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
Perpetual has reported a slump in its net profit after tax (NPAT), which now sits at $26.8 million for the six months through to December 31, down from $59.3 million the prior year. It explained FY23 NPAT includes significant items relating to the transaction ...

CBA Group Super pursues merger with ART

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
Commonwealth Bank Group Super has entered a Memorandum of Understanding to potentially merge with Australian Retirement Trust (ART). The merger would see Commonwealth Bank Group Super's 67,000 members and $12.3 billion funds under management (FUM) ...

TrustQuay, Viewpoint merge to accelerate change

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
TrustQuay and wealth management solution provider Viewpoint have agreed to join forces to fast-track automation and digitalisation across trust, corporate and funds services. Through the collaboration, the companies will be able to scale up their professional ...

abrdn terminates funds amid transition

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2023
abrdn is terminating five funds as part of the consolidation of the local business, key to which is its recent partnership with SG Hiscock. The fund manager has confirmed it will terminate a raft of funds on or around March 15, including some of its ...

Commonwealth Super Corp hires former MTAA investments lead

ELIZABETH FRY  |  FRIDAY, 17 FEB 2023
Phil Brown has started a new position as senior manager of operational risk at Commonwealth Superannuation Corporation. In a post on social media, Brown said after a couple of contract roles as a project officer that lasted 18 months in total, the opportunity ...