Perpetual Corporate Trust

Perpetual Corporate Trust includes escrow among the institutional services it provides for managed funds and investment structures. The group holds assets directly, maintains trust bank accounts and supports settlement for clients in Australia and Asia.

Services

The listed services are escrow, corporate custody, trust administration and payments. Assets held are money and investment assets. The provider type is corporate trust, serving funds, institutional investors and financial institutions rather than individual consumers.

Group and registration

The parent group is Perpetual Limited, which states ABN 86 000 431 827. The markets listed are Australia and Singapore. The profile does not specify which Perpetual entity acts as escrow agent in each country, or the licence under which it does so.

Who it suits

Fund managers, institutional investors and financial institutions that need an independent party to hold assets or funds in a structure, or to administer payments under a trust deed. Fees, minimum amounts and the form of escrow agreement are not published, so a counterparty should ask for the contracting entity and a draft agreement before agreeing the structure.