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.
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.
With private asset valuations emerging as a key concern for both regulators and the broader market, Apollo Global Management has called on the corporate regulator to issue clear principles on valuation practices, including guidance on the disclosures it expects from market participants.
Institutional asset owners are largely rethinking their exposure to the US, with private markets increasingly being viewed as a strategic investment allocation, new research has shown.
Australia’s corporate regulator has been told it must quickly modernise its oversight of private markets, after being caught off guard by the complexity, size, and opacity of the asset class now dominating institutional portfolios.