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Showing 11 - 20 of 35 results for "Trust Services"

Perpetual in acquisition mode

KANIKA SOOD  |  FRIDAY, 23 AUG 2019
... million. Both the investments and private wealth business reported a dip in their profits before tax but the corporate trust services business profit grew by 12% during the year. Perpetual Private's 11% lower profit before tax of $41.2 million was ...

Perpetual profits dip, investments down 29%

KANIKA SOOD  |  THURSDAY, 22 AUG 2019
... million. Both the investments and private wealth business reported a dip in their profits before tax but the corporate trust services business profit grew by 12% during the year. Perpetual Private's 11% lower profit before tax of $41.2 million was largely ...

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... because some of them are typically issued into wholesale or institutional markets," Mr Korber added. Perpetual Trust Services Limited is the responsible entity for the fund and Perpetual Investments will be the manager. Last month, Perpetual released ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... 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 wealth focus. "The provision of corporate trust services to the financial services industry is ...

IOOF offloads corporate trust business

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... to IOOF's underlying NPAT in 2018. IOOF managing director Christopher Kelaher said: "The provision of corporate trust services to the financial services industry is a specialist area that sits outside IOOF's advice-lead wealth management focus and is ...

Perpetual names interim chief

KARREN VERGARA  |  FRIDAY, 8 JUN 2018
... Morgan. There he spent nine years in London as vice president of account management and analytics of institutional trust services, and one year as head of that business for Australasia. Commenting on his resignation, Lloyd said: "We have both fixed and ...

AET appoints new head of corporate trust

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
... expertise, dedication to clients and leadership will ensure AET continues to be a leading provider of quality corporate trust services," Orr said. As head of the corporate trust business, Kelaher will assume leadership responsibility for its functions ...

AIST names Governance Code panel

JAMIE WILLIAMSON  |  THURSDAY, 15 MAR 2018
... joined on the panel by former HESTA director Maree O'Halloran and Michelle Wright, a non-executive director of NAB Trust Services. The panel will play an integral role in driving continuous improvement in the governance across the $1.2 trillion industry ...

J.P. Morgan winds up global equities fund

ALEX BURKE  |  TUESDAY, 9 JAN 2018
... are Michael Schoenhaut, Talib Sheikh and Eric Bernbaum. J.P. Morgan said it contacted the fund's RE, Perpetual Trust Services, in light of the former regularly reviewing its products "to ensure they are meeting the demands of the marketplace and have ...

DomaCom unitholders approve new trustee

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2017
... had appointed Melbourne Securities Corporation (MCS) as its new trustee/responsible entity, replacing Perpetual Trust Services. That approval by shareholders represented the final hurdle in DomaCom introducing a new range of products underpinned by the ...