Russell Investment Group – Zurich Investment Management
WaiverWA-80006
View on ACCC websiteStage
Waiver application
Waiver Application Date
19/02/2026
Determination Published
12/03/2026 (21 cal / 14 bus. days)
Determination
Acquirers
RUSSELL INVESTMENT GROUP PTY LTD
ABN: 92 003 066 859
Targets
ZURICH INVESTMENT MANAGEMENT LIMITED
ABN: 56 063 278 400
Other parties
Zurich Insurance Group Ltd
Description
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.
Timeline & Events
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Merger notified to ACCC
19/02/2026