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Financial Planning

Trust banks on fiduciary after BNY sale

BY RUTH LIEW | MONDAY, 16 JUN 2008 12:46PM

Trust Company Limited received a $14 million profit injection from the sale of its 50 per cent stake in BNY Trust Australia - paving the way for Trust to focus more on its fiduciary roots.

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Perennial Partners takes over Australian Unity fund

ANDREW MCKEAN

Perennial Partners has agreed with Australian Unity Funds Management Limited (AUFM) to take over the investment management of the latter's Future of Healthcare Fund.

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