POWERED BY MOMENTUM MEDIA
TAL acquisition of Asteron finalised
TAL Life has finalised its acquisition of Asteron Life and Superannuation with the transfer of the assets and liabilities of Asteron Life’s life insurance business to TAL.
The transfer included all the life insurance policies issued by Asteron Life, and TAL was now the issuer of Asteron Life’s life insurance policies under Part 9 of the Life Insurance Act 1995.
TAL noted there were no changes to any policy terms and conditions and that the Asteron brand remained in the market.
The two firms first announced the acquisition in August 2018.
Recommended for you
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
