Link in key UK acquisition

7 November 2017
| By Mike |
image
image
expand image

Australia’s largest superannuation administration company, Link Market Services is extending its presence in the United Kingdom via a key acquisition.

Link confirmed to the Australian Securities Exchange (ASX) on Monday that it had acquired Capita Asset Services from its UK parent company, Capita Plc.

It said that as a result of the transaction, Capita Asset Services had been immediately rebranded in the UK as Link Asset Services.

Commenting on the transaction, Link Group managing director, John McMurtrie said the transaction ensured Link’s ownership of a business with leading market positions across its fund, shareholder, corporate services, private client and debt service lines.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 4 months ago
Kevin Gorman

Super director remuneration ...

1 year 4 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 4 months ago

A former adviser to superannuation trustees has sounded the alarm on what he describes as “serious deficiencies” within the system, urging regulators to take immediate ac...

15 hours ago

Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment. ...

15 hours ago

Future Group is set to take on nearly $1 billion in funds under management (FUM) and welcome more than 100,000 new members following two significant successor fund transf...

4 days 12 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND