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Showing 1 - 10 of 65 results for "Perpetual Corporate Trust"

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... costs, in the first quarter of 2025, IAM externalised its administration and custody for client assets to Perpetual Corporate Trust (PCT), migrating the bulk of its clients' assets across. IAM owns Trustees Australia Limited (TAL), a trustee business ...

Perpetual Corporate Trust acquires IAM's term deposit broking business

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
Perpetual Corporate Trust (PCT) has acquired Income Asset Management's (IAM) term deposit broking business, which has nearly $1.6 billion in client funds. Given that Perpetual's subsidiary has more than $8 billion in deposit and fixed income ...

Perpetual to build digital wholesale term deposit marketplace

JAMIE WILLIAMSON  |  TUESDAY, 8 APR 2025
Perpetual Corporate Trust will begin operating a digital marketplace offering debt instruments, kicking off with wholesale term deposits. The Corporate Trust business has been granted a market license in Australia enabling it develop a fully electronic ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... target investors wanting direct investments to replace their maturing listed hybrids. Last October, Perpetual Corporate Trust (PCT) was picked to be IAM's settlement, middle office and custody partner to take care of 2000 client accounts and $2 billion ...

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... material costs out and simplification within IAM following the execution of the recent agreement with Perpetual Corporate Trust. This raising was necessary to provide IAM with the balance sheet to focus on growing revenues and scaling the business." ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... October 1, when he goes on gardening leave and continues to work with the board to complete the sale of Perpetual Corporate Trust and the wealth management unit that will overhaul the firm into a standalone asset manager. Kohlberg Kravis Roberts (KKR) ...

Perpetual Corporate Trust adds staff

ELIZABETH FRY  |  MONDAY, 22 JAN 2024
... Bank of New York Mellon. "So excited to be taking on this new role, grateful for the support of the Perpetual Corporate Trust team and for all our amazing clients who make my job easy.... 2024 will likely bring more challenges and hopefully many more ...

Perpetual names planned post-acquisition executive lineup

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
... supported by a dedicated global head of distribution, the continued importance of Perpetual Private and Perpetual Corporate Trust, and the central functions that are critical to a successful global business," Adams said. Assuming all the key conditions ...

Perpetual takeover of Pendal progresses

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
... the prior quarter, with net outflows impacted by the loss of one mandate in the intermediary channel. Perpetual Corporate Trust funds under administration was $1.12 trillion, up 3% on the previous quarter. Perpetual Digital attracted two new clients ...

Perpetual makes moves in digital innovation space

CHLOE WALKER  |  MONDAY, 8 AUG 2022
Jon Alder has been appointed as the new general manager of Perpetual Corporate Trust's (PCT) digital arm to drive its digital solutions and innovations strategy. With over 25 years' experience in technology, software and operations, Alder was most recently ...
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