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Showing 101 - 110 of 271 results for "Corporate trust"

Investors greenlight LIC to ETF conversion

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... have been working over a year on how they will be making the change from a company to a trust," said Perpetual corporate trust general manager, sales and marketing Glen Dogan. The fund will use Macquarie as its external market maker, and ICE for the ...

Property Funds Association appoints president

JAMIE WILLIAMSON  |  THURSDAY, 29 APR 2021
... a two-year term, taking over from Charter Hall's Steven Bennett. Cannane is currently executive director, corporate trust of Intertrust Australia and has served on the PFA executive committee for 12 years. He was with Evans Dixon for almost two years ...

Perpetual AUM climbs, hires in UK

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
... offerings including the Diversified Real Return Fund and the Global Innovation Share Fund," Adams said. Perpetual Corporate Trust remained relatively flat with a 1% increase in funds under administration to $936.2 billion. Meanwhile, Perpetual Private's ...

Boutique hires fund services lead

KARREN VERGARA  |  MONDAY, 29 MAR 2021
... as an assistant manager and legal counsel before it was taken over by Perpetual. AMAL provides loan servicing, corporate trust and agency services. It has some $16 billion in funds under administration for Australian and New Zealand clients that range ...

Computershare to buy Wells Fargo corporate trust business

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
ASX-listed Computershare will spend about $986 million to acquire the assets of Wells Fargo Corporate Trust Services, which has over 26,000 mandates. The US$750 million purchase is expected to be at least 15% management EPS accretive on a pro forma ...

Harvey Kalman to leave Equity Trustees

KANIKA SOOD  |  MONDAY, 22 MAR 2021
Equity Trustees' Harvey Kalman will leave the firm after over two decades. Kalman headed Equity Trustees' corporate trustee business until last September, when he moved to an international role. His new role was head of business development ...

Women boost SMSF balances

ANNABELLE DICKSON  |  WEDNESDAY, 10 MAR 2021
The average SMSF member balance for women has increased more than it has for men over a five-year period to the 2018/19 financial year, new data shows. The Australian Taxation Office's (ATO) annual statistical overview on SMSFs showed the average female ...

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... expecting net income of roughly $30.5 million, and a net profit after tax of $28.1 million. IOOF sold the AET corporate trust business to Sargon for $51.6 million in 2018 but retained the private trust business.

Perpetual reports $2.7bn in net outflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
... Perpetual Private's funds under advice grew by 6% to $15.5 billion, including $200 million in inflows. Perpetual Corporate Trust's FUA grew 1% to $936.2 billion. PPT said it now has 70 distribution professionals in key regions and has made recent appointments ...

IOOF abandons AET sale

KANIKA SOOD  |  FRIDAY, 4 DEC 2020
... $51.6 million. The business contributed $1.1 million to IOOF's underlying NPAT in 2018. IOOF retained the corporate trust business, which provides private client trustee services, estate planning and compensation trusts.