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Showing 981 - 990 of 2917 results for "Merge"

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... lower fees," O'Halloran said. "While the mergers are encouraging, we hoped to see more underperforming funds opt to merge with a stronger partner." Several mergers are currently in the works, LGIAsuper and Energy Super; NGS Super and Australian Catholic ...

Aon, WTW merger will reduce competition: ACCC

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... shareholders which was ordered by the High Court of Ireland. The merger was proposed in March 2020 with an agreement to merge operations in an all-stock transaction with an implied combined equity value of about $121 billion (US$80 billion). Under the ...

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
The $13 billion industry super fund MTAA Super, which is due to merge with Tasplan and become Spirit Super on 1 April 2021, has flagged that insurance premiums will be increasing for members. MTAA said that the insurance costs for many members will ...

Perpetual introduces new family office team

ANNABELLE DICKSON  |  MONDAY, 15 FEB 2021
Perpetual Private has created a new family office team and appointed a head from Mutual Trust and named four specialists dedicated to servicing the family office clients. Nick Lipscombe has been named as head of family office and he will develop and ...

To merge or not to merge?

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
The question around whether being bigger is better was one of the key points of discussion at the Association of Superannuation Funds of Australia conference, with MTAA and Aware Super talking mergers. MTAA Super chief Leeanne Turner said that whilst ...

Deutsche Bank appoints local head

KANIKA SOOD  |  FRIDAY, 12 FEB 2021
Deutsche Bank has appointed a returning executive as its head of financial institutions group for Australia. Martin Nosek most recently worked at Nomura as the head of FIG Australia and co-head of FIG Asia Pacific. Prior to this, he spent 14 years at ...

Industry funds pool $61bn of assets

KARREN VERGARA  |  THURSDAY, 11 FEB 2021
Two industry superannuation funds will pool their assets to create a $61 billion trust, in a move that is set to be a better alternative to a merger. Touted as an industry first, Maritime Super and Hostplus today announced an asset-pooling partnership ...

Frontier on hiring spree

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
Frontier has flagged hiring appetite for senior consultant and research roles, as it announces eight new additions including a senior consultant from CitiBank. Jill Guan has joined Frontier as a senior consultant specialising in debt and currency. She ...

Lazard restructures Australian business

ELIZABETH MCARTHUR  |  FRIDAY, 5 FEB 2021
International financial advisory and asset management firm Lazard has confirmed it is undertaking a restructure of its Australian business. The reorganisation of the firm in Australia will not change anything for Lazard Asset Management. However, it ...

HUB24 completes Paragem sale

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
HUB24 has confirmed the completion of the sale of Paragem to a subsidiary Easton and announced a new member of the Easton board. HUB24 confirmed the completion of the Paragem sale to the ASX saying it has now received the 3.3 million Easton shares issued ...