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

Search Results

Showing 1151 - 1160 of 2095 results for jp morgan

Citi wins custody of Norway's Oil Fund

JAMES FERNYHOUGH  |  TUESDAY, 6 MAY 2014
Citi has replaced JP Morgan as custodian to Norges Bank Investment Management (NBIM), the body that manages Norway's $850 billion Government Pension Fund Global. Colloquially known as 'the Oil Fund', according to Towers Watson it is the second largest ...

Custodians fight hard for big super deals

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
... fund off all or a portion of custody fees for a period of time. Financial Standard understands that State Street, J.P. Morgan and Citi have all offered such deals in one form or another. As most custody contracts have confidentiality clauses, neither ...

AMP Capital appoints London-based institutional director

LAURA MILLAN  |  THURSDAY, 24 APR 2014
... work with clients such as pension funds, insurers, private banks and multi managers. Campbell joins AMP Capital from J.P. Morgan where she was executive director of capital introduction in the prime brokerage area. She has held previous roles at Deutsche ...

Super fund custody 'fee holidays' revealed

JAMES FERNYHOUGH  |  TUESDAY, 22 APR 2014
... Standard understands that Citi, for example, provided an 18-month fee holiday to HOSTPLUS, whose business it won from J.P. Morgan in April last year. When contacted, Citi said the fee holiday only referred to a portion of their services. However, they ...

What is the future of transition management?

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
The recent departure of J.P. Morgan from the transition management space - following the departure of Credit Suisse, BNY Mellon and Convergex - has brought the future of this under-the-radar industry into question. The departure of these four players ...

Accountants beat planners in consumer confidence

LAURA MILLAN  |  TUESDAY, 15 APR 2014
... more trusted profession than financial advisers, with consumers giving them higher ethics and honesty ratings. The Roy Morgan annual 'Image of Professions' survey for 2014 revealed that only 28% of consumers believed financial advisers had "high" or ...

Market wrap

AAP  |  MONDAY, 14 APR 2014
... cautious approach ahead of the US corporate reporting season, and amid instability in Ukraine. America's biggest bank, JP Morgan, missed its profit estimates by almost four per cent last week, which has prompted falls by local banking stocks. IG market ...

Australian budget to blow

BENJAMIN ONG  |  THURSDAY, 10 APR 2014
Minute to win it!... or rather the minutes of the Fed's 18-19 March FOMC meeting win it for Wall Street. The S&P 500 and the Dow jumped by 1.1% and yesterday's hated Nasdaq is now loved again, up 1.7%. But this was - more or less - how we saw it when ...

PM Capital eyes Asia fund listing

MARK SMITH  |  TUESDAY, 8 APR 2014
Equity fund manager PM Capital is set to list its Asian Opportunities Fund on the Australian Securities Exchange (ASX). The initial public offering is the second of its kind for the group after the successful launch of its first listed investment company ...

Legg Mason hires sales director from JPM

MARK SMITH  |  FRIDAY, 4 APR 2014
Legg Mason has appointed former JP Morgan executive Colin Taylor as director of sales. Based in Melbourne, Taylor will promote Legg Mason's products and affiliate fund managers under Legg Mason's hybrid distribution structure that encompasses both institutional ...