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Showing 141 - 150 of 272 results for "corporate trust"

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... billion in FUA for charitable trusts and endowment funds; before-tax profit was 2% lower at $22.6 million. Perpetual Corporate Trust was the only subsidiary to report positive year-on-year growth. Profit before tax was $22.4 million or 13% higher than ...

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Equity Trustees announced it will acquire a superannuation trustee for $6.2 million. Equity Trustees' parent company EQT Holdings has signed an agreement to purchase Zurich Australian Superannuation (ZAS), a subsidiary of Zurich Australia. ZAS has ...

Perpetual thinks outside value investing

KARREN VERGARA  |  THURSDAY, 21 FEB 2019
... billion in FUA for charitable trusts and endowment funds; before-tax profit was 2% lower at $22.6 million. Perpetual Corporate Trust was the only subsidiary to report positive year-on-year growth. Profit before tax was $22.4 million or 13% higher than ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... December 2018, IOOF reported statutory NPAT of $135.4 million, up 200% year on year, boosted by the sale of the corporate trust business ($34m), recovery amounts received from a litigation settlement ($25m) and goodwill impairment of Perennial Investment ...

Federation Asset Management appoints Equity Trustees

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
A recently launched asset manager appointed Equity Trustees as its trustee. Federation Asset Management appointed Equity Trustees as its trustee and responsible entity. The firm, who launched last September, is aiming to lead investment in renewable ...

OneVue offloads trustee business

KARREN VERGARA  |  THURSDAY, 20 DEC 2018
... services business adds to Sargon's acquisition spree of financial advice technology provider Decimal, IOOF's corporate trust business Australian Executor Trustees, and Madison Financial Group in April. Chief executive Phillip Kingston said the ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... framework available to complete the Zurich transaction that does not involve IOOF." Separately, IOOF recently sold its corporate trust business to Sargon Capital. At the time of the sale, Kelaher said corporate trust services sat outside of IOOF's ...

Perpetual hires former Macquarie exec

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
... global head of enterprise risk. Perpetual has also promoted Richard McCarthy to the group executive of Perpetual Corporate Trust, replacing Chris Green who moved into the chief financial officer role this year. McCarthy started on December 1 and Mosse ...

Perpetual partners with Microsoft

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Perpetual's corporate trust business has launched a data analytics platform for banks and investors to analyse portfolio performance against Australia's $200 billion mortgage market. The Perpetual Business Intelligence Platform includes a newly-launched ...

Qualitas seizes non-bank financing opportunities

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... diversify their portfolios with exposure to real estate loans secured by first or second mortgages. Perpetual Corporate Trust is the responsible entity and custodian of the trust. Qualitas has worked with Perpetual since 2014. Perpetual Corporate Trust ...