WHK Greenwoods Melbourne restructures at the top

Listed accounting and financial planning firm WHK Greenwoods is looking for a chief executive for its Melbourne firm following an internal restructure.

Kevin White, managing director of WHK Group, would not comment on the search but said it was a result of internal changes and growth. It is understood he will remain as managing director. The chief executive will be responsible for development and implementation of business plans, best practice and process and strategy. The firm is offering a package circa $300,000 and the position is based in Melbourne. WHK Group (formerly known as Investor Group) oft-stated growth strategy is via acquisitions. It most recently acquired Ray Clarke & Associates and S R Longney & Associates in Australia and Coffey Davidson and Burns McCurrach in New Zealand. It also recorded a record profit for the six months to end December last year of $10.77 million, which was a 16 per cent increase over the previous corresponding period.

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Mercer Super expands into frontier market debt, builds out PE program

The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.

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