Link Group rebrands funds admin subsidiary

Link-Group/rebranding/Link-Fund-Solutions/

19 June 2017
| By Malavika |
image
image
expand image

Link Group has rebranded its wholly-owned managed fund administration subsidiary, White Outsourcing, to Link Fund Solutions.

Link Fund Solutions offered middle and back office administration, fund accounting, custodial, and unit registry services. The client base included fund managers, trustees, and listed investment companies.

Link Fund Solutions would form part of Link’s Corporate Markets business division. Corporate Markets connected issuers with their stakeholders, and included shareholder management and analytics, stakeholder engagement, share and unit registry, employee share plans, and company secretarial services.

Link bought White Outsourcing from Steadfast Group in December last year, and has $43 billion in funds under administration.

Commenting on the rebrand, Link Fund Solutions chief executive, Andrew Harrison said: “There is no doubt that demand for outsourced administration solutions is increasing, as funds must manage the increasingly complex Australian regulatory environment, and seek to tap into outsourcing as a mechanism to achieve operational efficiency and economies of scale whilst also empowering them to focus on core functions”.

“Aligning more closely with Link Group means we will be better placed to meet this growing demand.”

Corporate Markets CEO, Paul Gardiner said there was growth potential in the managed funds administration sector and combining Link Fund Solutions with his firm’s technology and experience with share and unit registry services would present a “compelling proposition” to the market.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 4 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND