MSC Trustees has acquired Certane Corporate Trust, the fund administration and corporate trustee business formerly owned by the now-defunct Sargon Capital.
MSC is buying the business after nearly two years of negotiations with current owners – New Yorker Teddy Wasserman’s CloverHill Capital and Aussie banker Matthew Kibble.
ASIC has taken action against an asset manager for alleged greenwashing around false and misleading statements about a carbon emission exclusion screen.