Approved · Waiver · decided in 21 days, 12 Mar 2026
Russell Investment Group Pty Ltd proposes to acquire 100 per cent of the shares of Zurich Investment Management Limited through a share sale agreement. Both entities provide investment and asset management services in Australia, offering managed fund solutions to Australian investors.
Russell Investment Group Pty Ltd ( Russell ) proposes to acquire 100 per cent of the issued and outstanding shares of Zurich Investment Management Limited ( Zurich ) through a share sale agreement (the Acquisition ). Russell provides investment and asset management services in Australia. Zurich is an Australian incorporated member of the global Zurich Insurance Group. The ultimate holding company is Zurich Insurance Group Ltd (incorporated in Switzerland). Zurich provides managed fund solutions to Australian investors. The Acquisition only relates to Zurich, rather than the broader Zurich Insurance Group. Both Russell and Zurich supply investment and asset management services in Australia, including issuing interests in Australian and global equities funds, property securities funds, fixed interest funds, diversified or multi-asset funds and cash funds to Australian investors.