Margin contraction and slowing loan volumes slapped the brakes on earnings growth at New Zealand-based banking group Heartland in the 12 months to the end of June.
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Cathy Hales was made Mercer's chief executive officer of wealth for the pacific region, which includes oversight of the $42.4 billion Mercer Super Trust.
Elanor Investors gives an update on its transfer for ADIC mandate as part of its acquisition of CRE, a transaction valued at $3.4 billion in Australian and NZ property assets for the new price of $37.7 million.