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Showing 951 - 960 of 6229 results for "MER"

Perpetual reports $1.2bn loss amid merger

CASSANDRA BALDINI | FRIDAY, 20 JAN 2023

Perpetual reported it took a $1.2 billion hit in December ahead of its Pendal Group takeover, which is now due to be completed on Monday. Despite the loss, the investment manager said it "benefited from a rebound in equities markets" and ended the year ...

AZ NGA appoints chief financial officer

CASSANDRA BALDINI | WEDNESDAY, 18 JAN 2023

AZ Next Generation Advisory (AZ NGA) has appointed Dan Heckendorf as its new chief financial officer as it plans its next growth phase. Heckendorf, who will report to AZ NGA chief executive Paul Barrett, joined in October as interim chief financial ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN | TUESDAY, 17 JAN 2023

KPMG has identified 10 themes that will shape super fund discussions and decisions, including macro-economic forces directly impacting the industry. KPMG listed market volatility, higher inflation and interest rates as the top issue for super funds. ...

Future looking bright for advice: Survey

CHLOE WALKER | TUESDAY, 17 JAN 2023

A new study from Dimensional Fund Advisors suggests the local advice industry is turning the corner, with high-performing firms in Australia and New Zealand reporting higher average revenue growth. Now in its 10th year, Dimensional's study looked at ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI | MONDAY, 16 JAN 2023

It's no surprise that 2022 was one of the most difficult years for State-Owned Investors (SOIs) in recent history, shrinking in value for the first time ever. Total value of the sector dropped by a total of US$1 trillion, according to Global SWF. Similarly ...

Bennelong picks new global chief executive

CASSANDRA BALDINI | FRIDAY, 13 JAN 2023

Bennelong Funds Management has named John Burke as its new global chief executive. He will take over from Craig Bingham who has led the business for the past eight years. Burke will join in the first half of 2023 from Fidante Partners where he held ...

Fin365 undertakes strategic mergers

JAMIE WILLIAMSON | WEDNESDAY, 11 JAN 2023

Software provider Fin365 is enhancing its capabilities by merging with two other financial services companies, appointing a head of technology services in the process. Fin365 will merge with Optimised Financial Planning Solutions (OFPS) and SMSF Paraplanners ...

FSC releases claims handling standard for super funds

ANDREW MCKEAN | TUESDAY, 10 JAN 2023

The Financial Services Council (FSC) has released an enforceable standard for handling group life insurance claims in superannuation. The FSC's new standard replaces existing voluntary guidance and sets a minimum level of service that consumers can ...

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON | TUESDAY, 10 JAN 2023

AvSuper confirmed its potential merger with Commonwealth Super Corporation is progressing, while also significantly reducing administration fees for members. Following an Expressions of Interest process, AvSuper signed a Memorandum of Understanding ...

Perpetual promotes Anthony Aboud

ELIZABETH FRY | WEDNESDAY, 21 DEC 2022

Perpetual has appointed a new deputy head of equities within the asset management business following Vince Pezzullo's recent promotion to head of equities. Longtime portfolio manager Anthony Aboud will take up the new role continuing to work closely ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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