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Showing 31 - 40 of 159 results for %22Mainstream Group%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 ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... said. "The law also doesn't prevent direct advertising to sophisticated investors. Mayfair was on Google and in mainstream newspapers with full page ads for a long time there. If it's aimed at sophisticated investors, why would it be advertised ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
Mainstream BPO is due to pay $5.1 million as part of a confidential settlement agreement affecting its US hedge fund administration subsidiary. The ASX-listed firm said it agreed to pay US$3.95 million to a US District Court-appointed receiver of a ...

Fund managers' ESG beef

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
... the ESG risks associated with meat and dairy either - rather, the pandemic has highlighted another risk factor. The mainstream theory on the origin of COVID-19 is that it was spread via a wet market in the Chinese city of Wuhan originally. FAIRR found ...

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 ...

Mainstream funds under custody up 79%

ALLY SELBY  |  TUESDAY, 21 JUL 2020
Funds administration services provider Mainstream Group Holdings saw its funds under custody increase 79% during the June quarter, with net funds increasing by 36 compared to March 2020. Over the past 12 months, its funds under administration (FuA) ...

Pendal awards registry mandate

KANIKA SOOD  |  MONDAY, 18 MAY 2020
... picked a new unit registry provider for $19 billion in funds under administration across its Australian funds. Mainstream Group Holdings'Australian business has entered a five-plus-five-year agreement with Pendal to provide the latter's outsourced registry ...