HESTA and Mercy Super complete fund merger  

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The merger of HESTA and Mercy Super has been completed resulting in 13,000 Mercy Super members and their assets moving to HESTA, bringing total funds under management to almost $70... Read more continue reading

Pallas Capital and Credit Suisse establish Pallas NZ Funding Trust No. 1

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Leading Australian specialist property lender Pallas Capital has established a new lending vehicle with Credit Suisse, called Pallas NZ Funding Trust No. 1 (PFT NZ). PFT NZ is Pallas Capital’s... Read more continue reading

PGIM Real Estate bolsters global data center investment strategy with senior hire

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PGIM Real Estate has hired James (Jim) Footh as it continues to build out its global data center investment strategy. Footh has been appointed as a managing director on the... Read more continue reading

Weekly economic and market update – week ending 1 December, 2022

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Investment markets and key developments Global share markets mostly rose again over the last week rising to new recovery highs on the back of more signs that inflationary pressures may... Read more continue reading

Household Capital acquires government home equity scheme specialist Pension Boost to lead the Australian home equity retirement funding sector

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Household Capital has announced its acquisition of an innovative home equity access start-up, Pension Boost. Pension Boost takes the hassle out of the process of accessing the HEAS with Centrelink... Read more continue reading

North launches market first Buy, Badge, Build managed portfolios

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North, one of Australia’s leading wrap investment platforms, has launched a market-first managed portfolio offer for advisers and their clients; Buy, Badge, Build. Buy, Badge, Build allows advice practices the flexibility to... Read more continue reading

MLC Life Insurance appoints new board director

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MLC Life Insurance (MLCL) has appointed Catherine Dubé to the MLC Limited Board as an Independent Non-Executive Director, with effect from 16 December 2022. Catherine will also be appointed Chair... Read more continue reading

The home price slump continued in November, with still more to go

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Key Points Australian national average home prices fell another 1% in November and are now down by 6.9% from their high, having seen their steepest fall in the last forty... Read more continue reading

Janus Henderson appoints Chief Responsibility Officer

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Janus Henderson Group plc (NYSE: JHG, ASX: JHG) has announced the appointment of Michelle Dunstan as Chief Responsibility Officer. Joining on 9 January 2023, Michelle will be responsible for overseeing... Read more continue reading

Equity Trustees completes Australian Executor Trustees acquisition

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EQT Holdings Limited (ASX: EQT) (Equity Trustees), have announced it had completed the acquisition of Australian Executor Trustees Limited (AET) from SFG Australia Limited, a wholly owned subsidiary of Insignia... Read more continue reading