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Showing 251 - 260 of 275 results for "Corporate Trust"

Perpetual close to recovering $125m for Mahogany

COMPANY RELEASE  |  MONDAY, 9 NOV 2009
... parallel judgment in the US, creating further uncertainty for Mahogany noteholders. Group executive Perpetual Corporate Trust, Chris Green, said Perpetual's single objective was to ensure the best possible financial return to the Mahogany noteholders ...

More room to slash super fees

MICHELLE BALTAZAR  |  TUESDAY, 29 SEP 2009
... long advocated by the former super minister Nick Sherry (now the Assistant Treasurer). For example, a stand alone corporate trust charges 0.71 per cent overall, charging members 0.24 per cent on admin fees and 0.47 per cent on investment management fees. ...

Perpetual poised to gain market share

MICHELLE BALTAZAR  |  WEDNESDAY, 19 AUG 2009
... $29.1 million on the back of funds under advice that dropped 12 per cent to $6.8 billion. On the upside, Perpetual Corporate Trust saw funds under administration grow 8 per cent to $241.4 billion over the same period. While it's been a tough year overall ...

Perpetual proposes caps on exec and board pay

MICHELLE BALTAZAR  |  TUESDAY, 26 MAY 2009
... the firm acquired financial planning firm, Financial Pursuit. The silver lining was the performance of Perpetual Corporate Trust, where Funds under administration (FUA) rose 10 per cent to $246.4 billion since June last year. "While primary issuance ...

Perpetual starts legal proceedings to claim funds

MICHELLE BALTAZAR  |  THURSDAY, 14 MAY 2009
... direct proceeds from that enforcement to Mahogany investors. However, Chris Green, group executive of Perpetual Corporate Trust, said that BNYT hasn't done this hence the legal proceedings. He said in a statement that the "lack of action was due in part ...

Mercer ups ante in corporate super

MICHELLE BALTAZAR  |  MONDAY, 19 JAN 2009
... Russell and revamps its employer and member-related services to maintain its top spot in the ultra-competitive corporate trust sector. Last year, Plan for Life reported that the Mercer Super Trust enjoyed a high 59 per cent increase in inflows to $3.4 ...

Gen Y risks high fees

RUTH LIEW  |  WEDNESDAY, 23 JUL 2008
Gen Y-ers are more likely to pay higher super fund fees during their lifetime because of their job-hopping lifestyle, according to legalsuper. legalsuper chief executive, Andrew Proebstl, said many employees particularly those in the Gen Y bracket could ...

BNY Mellon to double corp trust share

The Australian subsidiary of Bank of New York Mellon plans to increase its market share in providing corporate trust-related services from around 35 per cent to up to 70 per cent, following its recent acquisition of the remaining 50 per cent stake of ...

Perpetual rejigs wealth and asset mgmt arms

MICHAEL HOBBS  |  MONDAY, 17 SEP 2007
... asset management divisions have been scrapped to make way for the new business alignment, the people and culture, corporate trust, finance and risk arms remain unchanged, said the group in a statement. David Deverall, managing director of Perpetual ...

Perpetual strategy bears fruit

MICHAEL HOBBS  |  WEDNESDAY, 22 AUG 2007
... of business has become more balanced with the growing contribution of Perpetual Private Clients and Perpetual Corporate Trust," he said. In the 2007 financial year for example, the private client funds received $700 million in net inflows, bolstered ...