Link Administrations Holdings Ltd (ASX: LNK) is a technology-enabled provider of outsourced administration services for superannuation fund administration, corporate markets and related value added services including data management analytics, digital communication, and stakeholder education and advice. The business has three key divisions: Fund Administration, Corporate Markets and Information, Digital & Data Services (IDDS). Link is the largest provider of services in Australia’s superannuation fund administration industry, which services the fourth largest pension pool in the world based on funds under management. Originally a share registry business within an accounting firm, Link Group listed on the ASX in October 2015 and over the past 10 years has grown its domestic and global operations.
The Link Administration Holdings Ltd (ASX: LNK) share price is down over 20% today following the release of a Trading and Earnings Update to the ASX this morning.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.33% at lunch.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up by 0.21% on Thursday.
The Link Administration Holdings Ltd (ASX:LNK) share price is down 1% this morning after updating the market about its involvement with acquiring PEXA.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.11% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.34% at lunch.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is almost flat, it’s currently 0.04% in the green.
