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Showing 11 - 20 of 275 results for "Corporate Trust"

Perpetual sees 349% profit jump

RIDDHIMA TALWANI  |  THURSDAY, 26 FEB 2026
... underlying profit growth driven by the strength of our diversified business model including asset management and corporate trust, while wealth management continued to show resilience as the sale process continued," Perpetual chief executive Bernard Reilly ...

Equity Trustees places superannuation arm under review

JAMIE WILLIAMSON  |  THURSDAY, 19 FEB 2026
As it continues to face scrutiny over the Shield and First Guardian collapses, Equity Trustees has commenced a strategic review of its superannuation business. As part of its half year results announcement this morning, Equity Trustees said it is reviewing ...

Perpetual hit by $7.8bn net outflows in Q2

ELIZA BAVIN  |  THURSDAY, 29 JAN 2026
... Perpetual saw a "mixed" performance in the second quarter of FY26, according to chief executive Bernard Reilly. "Corporate trust performed strongly across all three of its segments, asset management was impacted by net outflows and wealth management ...

AMP to relaunch SMSF property lending solution

MATTHEW WAI  |  TUESDAY, 27 JAN 2026
AMP Bank is bringing back its residential self-managed superannuation fund (SMSF) property lending solution, SuperEdge, after removing it nearly a decade ago. AMP made the decision to remove the solution in 2018, as the SMSF lending sector was shifting ...

KKR chief operating officer steps down

ANGELIQUE MINAS  |  MONDAY, 12 JAN 2026
... role of deputy chief operating officer. Locally, KKR was close to acquiring Perpetual's wealth management and corporate trust businesses until a massive tax bill shattered the deal. Following ATO feedback, Perpetual chair Gregory Cooper said the ...

Perpetual confirms exclusivity with Bain Capital

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... early 2025, Perpetual terminated an agreement with KKR in which the latter would acquire the wealth management and corporate trust businesses. This would have led to massive tax implications for shareholders greater than anticipated. Following ATO feedback ...

Perpetual reports positive first quarter

ELIZA BAVIN  |  MONDAY, 20 OCT 2025
... will keep the market updated, in line with its continuous disclosure obligations," the group said. Lastly, the corporate trust business saw total FUA grow to $1.29 trillion, up 1.2% on the June quarter.

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... costs, in the first quarter of 2025, IAM externalised its administration and custody for client assets to Perpetual Corporate Trust (PCT), migrating the bulk of its clients' assets across. IAM owns Trustees Australia Limited (TAL), a trustee business ...

Equity Trustees FUM tops $254bn

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Equity Trustees saw funds under administration and supervision (FUMAS) rise 28% to $254 billion in FY25. In addition, revenue rose 7% to $182.5 million, statutory net profit after tax rose 60.4% to $33.2 million, and underlying net profit before tax ...

Perpetual Corporate Trust acquires IAM's term deposit broking business

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
Perpetual Corporate Trust (PCT) has acquired Income Asset Management's (IAM) term deposit broking business, which has nearly $1.6 billion in client funds. Given that Perpetual's subsidiary has more than $8 billion in deposit and fixed income ...