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Showing 21 - 30 of 80 results for "Apex"

Iress posts strong profit rebound, completes transformation program

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
... which Iress attributed to the divestment of non-strategic assets - the most recent being its superannuation business sale to Apex Group following a strategic review last month. During the 2024 financial year, Iress divested three non-strategic businesses ...

Apex names country head and COO

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
Apex Group has expanded its Australian leadership team with two key appointments following its agreement to buy Iress's superannuation business. Nick Bradford has been named country head for Australia with Chris Stevens taking on the role of chief ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... Outside of Artega and the closure of NAB Asset Servicing, just one other player saw a decline in their total custody assets - Apex Group's pool shrunk by 4% to $35.59 billion. That said, Apex Group has the most assets under administration (not held ...

Iress expands wealth team with multiple new roles

ANDREW MCKEAN  |  WEDNESDAY, 22 JAN 2025
... client landscape," Iress said. Earlier this week, Iress struck a binding agreement to sell its superannuation business to Apex Group, following a strategic review as part of its ongoing transformation program. Although Iress will no longer be the owner ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... responsibility for member services. Prior to Iress announcing this morning that it will divest its superannuation business to Apex Group, Finura said it would "not be surprised to see Iress and others look to exit the super admin business." "Super funds ...

Iress sells superannuation business

ELIZA BAVIN  |  MONDAY, 20 JAN 2025
Iress has entered into a binding agreement to sell its superannuation business to global financial services provider Apex Group. Iress said the decision to divest the superannuation business follows a strategic review as part of the company's transformation ...

Recordkeeping breach costs RBC, BNY Mellon US$85m

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
... LPL Financial, Raymond James & Associates each agreed to pay the largest penalty of US$50 million. Smaller firms such as Apex Fintech Solutions' Apex Clearing Corporation will pay US$6 million ($9m), and Truist Securities, which self-reported, will ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... Citigroup's $818.95; they saw growth of 10.9% and 2.7% in the first half, respectively. The most impressive growth was seen at Apex Group, jumping 25.6% to $37.06 billion. This was followed by Artega, whose assets under custody grew by close to 25% to ...

EQT wins RE mandate from Woodbridge

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... mortgage, senior secured Australian and New Zealand real estate loans via direct and indirect exposures. As RE, EQT appointed Apex Fund Services as the administrator for the fund, meaning it will provide general administrative tasks such as bookkeeping ...

NGS Super refreshes investment team, promotes three

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... investment governance, and ESG and responsible investment roles. Prior to NGS Super, King worked at IFAA Group (now part of Apex Group) for over a decade. Finally, Wendy Fang takes on the role of senior ESG research consultant, moving up from her most ...