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Showing 71 - 80 of 5787 results for "PAC"

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
MSC Trustees has acquired Certane Corporate Trust, the fund administration and corporate trustee business formerly owned by the now-defunct Sargon Capital. Following the transaction settlement on January 12, MSC Trustees now has some $30 billion in ...

APAC investors embrace value-added strategies: Research

CHLOE WALKER  |  THURSDAY, 18 JAN 2024
Investors in the Asia Pacific region are increasingly opting for value-based real estate investments, according to the ANREV, INREV, and PREA Investment Intentions Survey 2024. The 16th annual survey revealed that 78% of investors prefer value-added ...

NGS Super finds new administrator

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
NGS Super has selected a new administrator to replace Mercer, which has been providing its services for 14 years. Following a review of the $14 billion super fund's administration operating model in February 2023, NGS Super chose G​ROW Inc ​(GROW)​​ ...

Family offices love software: Report

CHLOE WALKER  |  WEDNESDAY, 17 JAN 2024
Family offices across the globe are increasing their investments in computer software and services, a PwC study reveals. The 2023 PwC Family Office Deals Study, which analyses the direct, real estate and start-up investments of 7500 family offices around ...

BlackRock appoints new head of APAC

ANDREW MCKEAN  |  MONDAY, 15 JAN 2024
BlackRock has named Susan Chan as its new head of Asia Pacific (APAC), tasked with overseeing business, client, investment, and operational platforms for wealth and institutional investors. Chan succeeds Rachel Lord, who relocates to London and takes ...

2024 to be a watershed year: FAAA

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2024
The Financial Advice Association Australia (FAAA) expects a year of positive change, including cutting costs for advisers, greater engagement with consumers, and rising adviser numbers. Outlining its priorities and expectations for 2024, the FAAA has ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
A financial adviser based on Queensland's Hope Island was permanently banned by the corporate watchdog after he was found to have misled clients about potential returns and used their funds for his own expenses. Delan Pagliaccio is banned from providing ...

EQT operations, finance chief steps down

KARREN VERGARA  |  MONDAY, 18 DEC 2023
Philip Gentry, Equity Trustee's (EQT) chief operating officer and chief financial officer, is stepping down from the dual roles after eight years. EQT board chair Carol Schwartz said Gentry "played a pivotal role in helping reshape EQT". "His contribution ...

Citi broadens custody offering

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
Citi Securities Services has introduced capabilities to support dual-access exchange-traded funds (ETFs), affording investors the flexibility to access funds via an exchange or unlisted distribution channel. The global custodian now distinguishes itself ...

Australian Retirement Trust selects chief executive

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2023
Australian Retirement Trust (ART) has named chief executive Bernard Reilly's successor, assuming the top job in March 2024. David Anderson will take over as chief executive of ART next year, following 25 years at Mercer both in Australia and abroad. ...