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Showing 1 - 10 of 49 results for "AET"

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
Pacific Current Group (PAC) saw funds under management (FUM) lift in the first quarter of 2025 thanks to affiliate Pennybacker Capital reporting a 17% jump in total assets. Pacific Current turned in $31 billion in total FUM at the end of March, up from ...

Perpetual awards mandate to Equity Trustees

KARREN VERGARA  |  TUESDAY, 7 JAN 2025
... entity for its recently launched Ares Private Markets Fund. EQT also finalised the integration of Australian Executor Trustees (AET), which was acquired from Insignia Financial for $135 million.

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
EQT Holdings Limited (Equity Trustees) has completed the integration of Australian Executor Trustees Limited (AET). The completion was marked by the conclusion of the Transition Service Agreement that Equity Trustees had in place with Insignia Financial ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
The acquisition of Australian Executor Trustees (AET) has bolstered the revenue and client book of Equity Trustees (EQT) in the last financial year. EQT's revenue increased 23.1% to $174 million in the 12 months to June, benefiting from the integration ...

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... confirmed it has completed of one of two key strategies to achieve synergies when it acquired Australian Executor Trustees (AET). At the time of acquisition, Equity Trustees announced its intention to exit the AET platform business and outsource the ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... acquisition and expansion strategy when Insignia, or IOOF as it was known at the time, sold its Australian Executor Trustees (AET) corporate trust business for $51.6 million. That year, Sargon also acquired OneVue's trustee services business - comprising ...

SuperConcepts to take over AET platforms clients

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... Australian Executor Trustees' platforms business continue to receive specialist administration services. When EQT acquired AET from Insignia Financial last year, it flagged it intended to exit the platform services space, having primarily acquired ...

Insignia consolidates further, creates Client Wellbeing arm

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2023
... revenues, which were 7% lower than in FY22. On a brighter note, net funds flows came in at $667 million, excluding JANA and AET; "That's a $5 billion improvement over two years and that's a really meaningful milestone." Investors will receive a dividend ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
Insignia Financial recorded a 67% increase in net profit after tax for the first half, while also seeing a drop in its funds under management and administration of $5.5 billion. Reported to the ASX today, Insignia's NPAT was $45.1 million, a significant ...

Equity Trustees records solid 1H23 result

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... recorded $62.8 million in revenues, up 12.3% year on year, reflecting both organic growth and one months' contribution from AET. EQT said this more than offset the impact of negative investment markets in the period. Its underlying net profit after tax ...
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