The merger of sister funds Energy Industries Superannuation Scheme (EISS) and LGSS could not occur until both funds reach agreement in a fully consultative process, the NSW Treasury confirmed, following claims from the United Services Union (USU) that EISS and Treasury spent months planning to merge the funds – without informing LGSS.
Super stoush: EISS draws union fire by 'secretly' planning LGSS merger
The merger of sister funds Energy Industries Superannuation Scheme (EISS) and LGSS could not occur until both funds reach agreement in a fully consultative process, the NSW Treasury confirmed, following claims from the United Services Union (USU) that EISS and Treasury spent months planning to merge the funds – without informing LGSS. IMCA Australia renews board by appointing five
The Australian arm of the Investment Management Consultants Association (IMCA) has restocked its board with five new members.
Superannuation legislation and private credit are just two of the top 10 investment trends for this year, according to Simon Eagleton (pictured), Mercer’s business leader. Russell brings in after-tax big gun
Russell Investments is anticipating stronger client emphasis on after-tax investing after filling the new position of director of after-tax investment strategies, while also appointing another senior analyst to its risk team. Asia leads investor confidence says State Street
Asia is leading State Street Global Investor Confidence Index with a 6.3 point boost, rising to 97.5 from November’s reading of 91.2, and overall global investor confidence rose 3.1 points to 103.9 from November’s level of 100.8.
JP Morgan is ramping up the guard in its Treasury & Securities Services division, to capitalise on its recent agreement to acquire the ANZ Custodian Services business. Watson Wyatt/Towers merger adds insurance, strengthens investments
Watson Wyatt has added an important new stream to its Australian operation and strengthened its global investment advice business through the finalisation yesterday of its worldwide merger with Towers Perrin. Omega widens offering with new bond trusts
Omega Global Investors, the fixed interest manager formed in 2008 by three former Vanguard Investments executives, is to widen its client offering with the launch of two trusts this quarter. Milestone strengthens European management
Systems provider Milestone Group has boosted its European operation with the relocation of co-founder Phil Davies from Sydney to London and the recruitment of a managing director.
Hatfield goes global with Triple A Partners deal
Hatfield Advisors, a third-party marketer and researcher of alternative products, has linked with the Asian-based third-party marketing business Triple A Partners.
Eight gets underway with two more senior appointments
Eight Investment Partners, the new Pan Asian equities boutique, has started business in earnest with the recruitment of two high-profile professionals. 
