Maritime Super says it’s still up for a merger
Ronald MizenSenior reporter
Maritime Super has hit back at claims it will be left little more than a shell company following an investment outsourcing deal with Hostplus, and is still on the hunt for merger opportunities.
Announced in February, the deal will see the two industry funds pool member assets – Maritime’s $6 billion under management and Hostplus’ $55 billion – with the latter taking full control of investment decisions.
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Ronald Mizen reports on politics, economics, business and the law, with a focus on corporate regulators, lobbyists and investigations from Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com
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