Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 60 results for "Fund Solutions"

Link Group sells Funds Solutions, settles with FCA

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
Link Group has sold the troubled Fund Solutions business and reached a settlement with the UK Financial Conduct Authority (FCA) over the Woodford fund issues. Fund Solutions has been sold to Waystone Group, for between $203 to $259 million (£110- £140) ...

Global alternatives manager lands down under

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... focus on family offices, the wholesale and retail markets, and local superannuation funds offering both specialised fund solutions, as well as customised fund capabilities and strategic partnerships that have been used effectively by GCM in other parts ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... was trapped in the fund as it faced liquidity issues. Link announced to the ASX today that its UK business Link Fund Solutions Limited (LFS), the trustee of the fund, is due to settle the Financial Conduct Authority's investigation. By the same token ...

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
Link Fund Solutions is the subject of a new group action in England related to the now infamous Woodford fund failure. Law firm Leigh Day has served the action after it and another firm, Harcus Parker, had applications for a Group Litigation Order regarding ...

Link Group offloads PEXA stake

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
... Link has been exploring divestment options for the troubled Link Funds Solutions business, which included Link Fund Solutions Limited; it appointed Macquarie Capital and UBS Securities as advisers. The UK Financial Conduct Authority (FCA) approved a ...

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
Link Group is exploring divestment options for the troubled Link Fund Solutions business, which includes Link Fund Solutions Limited, and has appointed Macquarie Capital and UBS Securities as advisers. As previously reported by Financial Standard, in ...

Link rejects latest Dye & Durham proposal

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... months of implementation of the scheme, the final and binding conclusion of the FCA enforcement process is that Link Fund Solutions Limited (LFSL) isn't liable for restitution and or redress payments in relation to the management of the Woodford ...

UK regulator flags big redress bill likely for Link

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... The FCA said it would only approve the takeover if Link made available funds to cover any redress payments Link Fund Solutions might be required to make following the mismanagement of the Woodford fund. In June 2019, after years of underperformance ...

Most retirees want pension support through super: Report

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
... support," it said. The research outlays the challenge for everyday Australians but also brings to light preferences for fund solutions, specifically around accessibility, relevance and affordability. The Retirement Income Covenant (RIC) that came into ...

Legalsuper hires from ART, Perpetual

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... created role for legalsuper. Walker joins from Perpetual where he is currently senior manager, fiduciary and managed fund solutions. He is tasked with overseeing product development and innovation, with a particular focus on tailoring solutions to legal ...