Equity Trustees

Australia’s private credit boom and Perpetual’s torturous takeover and demerger process means big chunks of the mid custody market are up for grabs, according to Equity Trustees.

Superannuation funds and other financial services providers are trying to combat greenwashing in their own communications amidst changing regulatory expectations. Equity Trustees wants to help them out.

While profit-to-member funds have been given the go-ahead to build reserves from new fees on members, Equity Trustees believes that fund shareholders should pony up instead. The issue of so-called “$12 trustees” has leapt to prominence in recent months as super funds flocked to courts to get the green light to build capital reserves through…

Harvey Kalman, the global head of business development for fund services at Equity Trustees and key business driver for many years, has resigned, seeking a new yet-unknown challenge. Kalman, 54, has been with Equity Trustees since January 2000 and for the past three years has expanded his role to include additional responsibilities as managing director…