Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 618 results for "Custodian"

Franklin Templeton awards custody mandates

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
J.P. Morgan will act as custodian for a further 26 funds as part of its custodial relationship with asset manager Franklin Templeton. The custody partnership between Franklin Templeton and J.P. Morgan in Australia now encompasses $8.5 billion in assets ...

Adamantem invests in carbon farming

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
Adamantem Capital has taken a majority stake in a carbon farming project developer which works to regenerate farmed land. Adamantem has joined Climate Friendly as a majority stake investor, supporting the business' growth and aim to tackle the climate ...

J.P. Morgan custody exec retires

KANIKA SOOD  |  MONDAY, 22 FEB 2021
... retired after nearly 20 years with the company. Bryan Gray spent close to 20 years at J.P. Morgan, which is the largest custodian in Australia. Prior to this, he spent about 12 years at State Street in Australia, heading sales in the custody business. ...

J.P. Morgan dominates custody market

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
J.P. Morgan has remained the largest custodian in Australia since 2016, when it bumped off NAB Asset Servicing, closing in on nearly $1 trillion of assets. The Australian Custodial Services Association's (ACSA) biannual statistics revealed J.P. ...

Rest extends State Street relationship

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
The $59 billion industry fund has mandated its custodian State Street to streamline operations in its investment portfolio. Rest will implement Charles River Development Investment Management Solution (IMS) for in-house investments and 'whole-of-fund' ...

Perpetual awards custody mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 JAN 2021
Perpetual Investment Management has appointed a new custodian, replacing RBC Investor and Treasury Services following its exit from the Australian market. State Street Australia won the mandate and will provide custodial and fund administration services ...

Former Trump aide launches crypto fund

KARREN VERGARA  |  MONDAY, 18 JAN 2021
... strategy and a bottom-up manager selection process. Fidelity Digital Assets, a subsidiary of Fidelity Investments, is the custodian of the fund, while Ernst & Young act as the auditor. Scaramucci had a short stint as the White House communications director ...

Northern Trust wins First Sentier mandate

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... planned to have its own systems around legal, risk, HR, enterprise and IT systems. Northern Trust is the second-largest custodian in Australia, after inching up the league tables i n two successive reporting periods, as at June 2020. It looked after ...

Class action launched against OnePath

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
Slater and Gordon have filed a class action against ANZ and its former subsidiaries OnePath Custodians and OnePath Life as part of its #GetYourSuperBack campaign. Filed in the Federal Court in December 2020, this makes the fifth class action launched ...

BNP Paribas wins custody mandate

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
BNP Paribas has won a mandate to serve as sub-custodian in Australia and New Zealand for a large European firm. Clearstream appointed BNP Paribas Securities Services to provide local sub-custody services. Clearstream currently has a partnership with ...