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Showing 31 - 40 of 664 results for "Custody"

Citi names local chief executive

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... meet its global strategy to become a more focused, better-connected and simpler bank. Citi is steadily growing its local custody business. Citi's total assets under custody in Australia have seen marginal growth, according to data released in February ...

SG Hiscock commences abrdn fund changes

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... will become the SGH Australian Small Companies Fund, as SG Hiscock becomes manager and promoter. Apex will also take over custody and administration responsibilities. Again, there will be no changes to the fund's strategy or fees. Portfolio management ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... Assets Bill introduced a new licencing framework, consisting of three authorisations: Digital Asset Exchange, Digital Asset Custody, and Stablecoin Issuance. For Digital Asset Exchanges, the Bill proposes minimum capital requirements, participant conduct ...

Another Aussie mandate for Apex Group

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
... gross dividend yield of the benchmark. Apex Group has been appointed to provide fund administration, transfer agency and custody services, alongside trustee to the fund K2 Asset Management. Already this year, Apex Group has been appointed by local funds ...

Saxo launches managed portfolios

KARREN VERGARA  |  TUESDAY, 28 MAR 2023
... bonds, stocks, and alternatives ETFs. The portfolios charge 0.95% on average and there are no platform fees, entry, exit or custody fees. Manish Prasad, Saxo Bank's head of Asset Management APAC, told Financial Standard that Saxo created the solutions ...

Openmarkets launches custody offering

KARREN VERGARA  |  WEDNESDAY, 22 MAR 2023
The newly revamped trading platform now has a custody capability that holds Australian equities on behalf of retail investors. Openmarkets has partnered with Syfe, an Asia-Pacific investment platform that has offices in Singapore, Hong Kong and Australia. ...

Yarra Capital awards admin, custody mandate

CHLOE WALKER  |  THURSDAY, 23 FEB 2023
... process within a three-year time horizon. Apex Group has been appointed to provide fund Administration, transfer agency and custody services, for the closed-ended vehicle. The appointment follows Apex Group's continued growth in Australia and New Zealand ...

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
Total assets under custody in Australia have seen marginal growth in the six months to December end, however they've barely budged since last year. The latest data from the Australian Custodial Services Association (ACSA) showed total assets under custody ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
Crypto asset licensing and custody reforms by the government are targeting subsets outside the financial services framework. In a joint statement, treasurer Jim Chalmers and assistant treasurer and minister for financial services Stephen Jones said ...

Super funds must unlock diversification opportunities: HSBC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
... international mandates. The partnership is also expected to bolster HSBC's business with super funds in areas such as custody, foreign exchange, real assets, and asset management. HSBC head of global banking, Australia Anita O'Brien commented: "Our partnership ...