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Showing 21 - 30 of 664 results for "Custody"

Northern Trust appoints APAC head of global fund services

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
... be responsible for overseeing services to global investment managers including fund administration, depositary, global custody, transfer agency, investment operations outsourcing and data solutions. "We are pleased to name Caroline to this role overseeing ...

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... who will bring valuable perspectives from issuers and investors, along with extensive expertise in clearing, settlement, custody, technology, registry services, and markets. The primary focus of the group will be to offer industry input for the CHESS ...

Rising costs bite asset owners

KARREN VERGARA  |  MONDAY, 3 JUL 2023
... fees. The Investors' Costs and Fees report compiled by bfinance found that routine fund servicing costs in the form of custody, audits, and legal advice are becoming more costly as they find it harder to pass such expenses on to clients. About 200 ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... there be any change in fees and costs, withdrawal or application processing or client service team," abrdn said. While the custody and administration of abrdn's international funds will continue to be serviced by Citibank, the SGH Australian equity ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... institutional investors. Fidelity Digital Assets president Tom Jessop said that platform will provide investors with the security, custody, and liquidity they need to participate in a "rapidly growing" asset class. "We believe that this platform will ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... custodian. As part of an agreement, NAB Asset Servicing is referring some of its clients to Citi and giving its Australian custody client base the option to transition. Citi has served as NAB Asset Servicing's global custodian since 2016. The group ...

BlackRock files for bitcoin ETF

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
... delayed or rejected applications for spot bitcoin ETFs, citing fears about fraud, manipulation, and the lack of sound custody options. The SEC has rejected proposals for spot bitcoin ETFs from asset managers Valkyrie and Kryptoin. Previously, the regulator ...

Co-heads take charge of FI&C at BNP Paribas APAC

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... will cover South Asia and Pacific regions. He'll be responsible for derivatives and execution clearing, digital, global custody, and local custody. The co-heads will report to head of Asia Pacific for securities services Frank Dubois and to the global ...

Citi awarded custody mandate by Mason Stevens

ANDREW MCKEAN  |  MONDAY, 1 MAY 2023
Citi Securities Services has been awarded a custody and integrated execution services mandate by wealth platform Mason Stevens. As Mason Stevens looks to deliver "premium" wealth management solutions, Citi Australia and New Zealand's head of securities ...

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... concerns. Nugara was arrested in October 2022 on 35 counts of obtaining financial advantage by deception. He is currently in custody. After fleeing Australia in 2019, it is alleged Nugara was living in Bali, Costa Rica and Mexico City. Other sources ...