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Showing 21 - 30 of 112 results for %22Mainstream Fund Services%22

Apex ups ante on Mainstream bidding war

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
Mainstream has received an updated offer from Apex Group after it terminated discussions following a superior bid from SS&C. Apex has made a new offer of $2.65 cash per share, upping its prior bid by 10 cents and bidding 9 cents more than SS&C's ...

Mainstream bidding heats up

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... coming in at $2.55 per share. SS&C has exercised its matching right and increased its bid to $2.56 per share for 100% of Mainstream shares. As such, Mainstream supports the further revised SS&C scheme and has terminated discussions with Apex. The directors ...

Mainstream obtains superior takeover offer

ANNABELLE DICKSON  |  TUESDAY, 13 APR 2021
... offer more favourable terms. SS&C Technologies Holdings has now entered a conditional scheme implementation deed with Mainstream to acquire 100% of the company at $2 per share, valuing Mainstream at $285.7 million. The valuation is 25.8x Mainstream's ...

Investment bonds a good alternative to Wills: GDG

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... may be challenged in court and trusts, and can be expensive to establish and run. "Investment bonds are becoming very mainstream in the adviser community," she said. "They're very simple to set up and easy to maintain. Certainly no headaches, no ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... legal proceedings against the US subsidiary." In August 2016, Mainstream acquired Fundadministration (now Mainstream Fund Services), a New York-based hedge fund administrator, which at the time serviced 140 funds for 45 clients with funds under administration ...

Quoted funds going strong at Mainstream

KANIKA SOOD  |  MONDAY, 18 JAN 2021
Mainstream said half of the 150,000 plus investors it services are now invested in a quoted fund, as it reports December quarter assets. Mainstream added $14 billion in funds under advice, four clients and 53 funds in the quarter ending December 2020. ...

Loftus Peak lists active ETF

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... Loftus Peak also delisted the fund from the mFund marketplace. Equity Trustees said the quoted fund is a first for it. Mainstream will handle the registry Baker McKenzie provided legal advice. "Loftus Peak has been our client since 2016 when they launched ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... to Perpetual Trustees. Fund accounting will change from Evans-owned Australian Fund Accounting Services Pty Ltd to Mainstream. The proposals maintain the investment strategy and the current fee structure. EAF, for example, will continue to charge 1.35% ...

Mainstream expands private equity offering

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
Mainstream Fund Services has expanded its private equity services in the Asia-Pacific region. Mainstream said it brought its US private equity solution to Asia-Pacific, to allow general partners to benefit from one complete system for accounting, CRM ...

Financial Standard launches FS Sustainability

STAFF WRITER  |  TUESDAY, 1 SEP 2020
... and sustainability issues for almost a decade. "Responsible investment and taking into account ESG factors is now a mainstream investment issue for all fund trustee boards, their fiduciaries and the capital markets," Rainmaker managing director Christopher ...