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

Search Results

Showing 321 - 330 of 918 results for "Administrator"

Managed investment scheme operator AFSL canned

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUL 2019
... companies. Australian Mutual held an AFS licence since February 2006. Peter Krejci of BRI Ferrier was appointed voluntary administrator of Australian Mutual on June 28 2019. ASIC commissioner Danielle Press said of the licence cancellation: "A key priority ...

Class expands executive line-up

HARRISON WORLEY  |  THURSDAY, 4 JUL 2019
Self-managed super administrator Class made a raft of additions to its executive leadership. In a quarterly update to the ASX today, Class revealed it made three senior appointments to fill its executive leadership team, enabling the firm to formulate ...

Magellan renews fund administrator

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
Magellan Asset Management has renewed its fund administration agreement for another five years. Mainstream has provided administration services to Magellan since 2007. Magellan has extended the contract for the next five years with an automatic renewal ...

Blue Sky dissolves chief executive role

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
Blue Sky is bidding farewell to its chief executive, after a strategic assessment determined the role "is no longer required". Joel Cann left the organisation effective Friday, less than two months after he joined the company. Cann joined from property ...

Wills and BDBN raise adviser interest

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
... opportunities and flexibilities that's not available in large super funds," she said. The SIS Act allows the executor or administrator of the estate to act as trustee on behalf of deceased member, she said, but this is not always the case despite ...

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
Two major fund administration providers are feeling the pinch of the new superannuation reforms. Link Administration told shareholders that the new Protecting Your Super Package laws will impact its earnings and operations in the 2019 financial year. ...

Calastone blockchain goes live

KANIKA SOOD  |  TUESDAY, 21 MAY 2019
The global funds network that has transacted for over 1100 funds in its Australian network has gone live with blockchain-powered infrastructure. Calastone has migrated 1800 customers from 41 markets to the new distributed market infrastructure (DMI). ...

Blue Sky enters receivership

KANIKA SOOD  |  MONDAY, 20 MAY 2019
The ASX-listed alternatives fund manager was placed in receivership this morning, as its financier exercised its rights after Blue Sky breached a term of its $50 million loan facility. Oaktree Capital Management has appointed restructuring specialist ...

NAB sells fund administration business

HARRISON WORLEY  |  MONDAY, 20 MAY 2019
... managed funds services business, Ausmaq. Deutsche Borse has acquired the specialist managed funds and term deposit administrator through its international central securities depository subsidiary, Clearstream. The move will see Clearstream enter the ...

Northern Trust wins two mandates

KARREN VERGARA  |  MONDAY, 13 MAY 2019
... foreign exchange and associated services worth $14 billion. For the second mandate, Northern Trust will serve as administrator and depositary for Maple-Brown Abbott's US$600 million Irish-domiciled UCITS funds. According to Rainmaker, RBC Investor ...