POWERED BY MOMENTUM MEDIA
Deutsche enters sale of registrar agreement with Link Market Services
Deutsche Bank has formed an agreement with share registry provider Link Market Services on the sale of Registrar Services GmbH.
Under the agreement, Link will acquire 100 per cent of Registrar Services GmbH, a wholly owned subsidiary of Deutsche Bank.
Link is active in share registry superannuation administration and shareholder and member analytics. It is active in various countries including Australia, New Zealand and India.
"This is an exciting transaction for Link as it broadens our global footprint and increases our exposure to the important EMEA [Europe, Middle East and Africa] market," Link Group managing director John McMurtrie said.
Registry services are part of Deutsche Bank's Global Transaction Banking division, based near Frankfurt.
"We are pleased to have found a specialised partner that will continue to offer Deutsche Bank and its clients high quality share registry and shareholder services," said Satvinder Singh, head of trust & securities services/cash management financial institutions in Deutsche Bank's Global Transaction Banking.
Recommended for you
Both economists and money markets have scaled back expectations of a jumbo rate cut in May.
Negative market movements, coupled with net outflows, have prompted a near $6 billion decline in Challenger’s funds under management (FUM) for FY2024–25’s third quarter.
Momentum Media’s wealth publishing network – comprising InvestorDaily, ifa, SMSF Adviser, Money Management, and Super Review – is proud to launch the annual Australian Wealth Management Awards.
Advice licensee Centrepoint Alliance has entered an agreement to acquire the comprehensive financial advice book of the super fund’s subsidiary firm.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
