FNZ complete GBST acquisition
New Zealand-originated global technology company, FNZ has completed its acquisition of financial service technology provider, GBST Holdings Limited.
Commenting on the acquisition, FNZ group chief executive, Adrian Durham said it marked the beginning of an exciting period of opportunity for both businesses, with GBST being a strong strategy fit for FNZ reinforcing its position as the leading business to business wealth management platform as a service provider.
FNZ Asia Pacific chief executive, Tim Neville said the acquisition represented a significant milestone in the company’s goal to expand its business into the Asia Pacific market.
Recommended for you
Investment solution provider Channel Capital has appointed James Archer as its latest distribution director, joining from Pinnacle Investment Management.
Bennelong Funds Management has signed a memorandum of understanding with US private credit manager Monroe Capital to distribute its products in Australia.
Global equity manager Talaria Capital has appointed a Sydney-based sales director as it grows its distribution presence across Australia.
Global private markets firm Partners Group has launched an evergreen fund to provide Australian advisers with access to its cross-sector royalties strategy.
