Hi Fire Bull,
OneVue purchases Computershare unit registry
OneVue has confirmed its acquisition of Computershare’s unit registry business, which it says will “change the landscape of the sector”.
By Staff Reporter
Monday, 19 August 2013
The administration solution company said the purchase of Computershare Fund Services (CFS) will strengthen the under-invested sector as well as increasing OneVue’s market share.
“This acquisition will catapult OneVue into becoming the largest provider of outsourced unit registry solutions in Australia,” OneVue group chief executive Connie Mckeage said.
“On top of that, connecting to the ASX Managed Funds Services, commonly referred to as AQUA II, will change the landscape of the sector as investors will be able to transact managed funds on the Australian Stock Exchange for the first time.”
Ms Mckeage said OneVue has already begun relocating the CFS businesses, which is expected to take several months, but operations will continue during this time.
Hi Fire Bull, OneVue purchases Computershare unit registry...
Add to My Watchlist
What is My Watchlist?