lachlan baird

Investment Strategy

Prime Super six months after the merger

Prime Super is open to further mergers, it has put the appointment of a chief investment officer on hold and answered criticism of its merger with HIP. Speaking six months after Prime merged with the Sydney based HIP, Lachlan Baird, chief executive of the combined operation, whose business card carries the logos for both Prime […]
Investment Strategy

Prime Super and HIP to merge

Prime Super and Health Industry Plan (HIP) have announced an intention to merge in order to create a combined fund of $2.4 billion in assets and 150,000 members. The new fund will be known as Prime Super, it will be headquartered in Melbourne and will go live on May 1st. The deal has taken a […]
Hedge Funds

Super funds reveal merger motivations

Building scale and operational capability, and new regulations are driving the desire for more superannuation fund mergers, according to a recent report by State Street. The paper, ‘Super fund mergers: Benefits, challenges and keys for success’ features a roundtable debate with representatives from institutional super funds Prime Super, AustralianSuper and Media Super, and is contained […]
Hedge Funds

Super fund mergers: benefits, challenges and keys for success

This article is drawn from a State Street paper, ‘Evolving superannuation funds for the future’, which explores the challenges facing the industry today and how it is evolving in response. To download a copy of the full report, see here. Moderator Robert Goodlad, Senior Managing Director, State Street Global Advisors, Australia Panellists Lachlan Baird, Chief Executive Officer, Prime Super Alistair […]