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

Search Results

Showing 121 - 130 of 769 results for "custody"

BNP Paribas reappointed as custodian for wealth platform

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... the platform rapidly gaining market share. As part of the renewed mandate, BNP Paribas will extend its local and global custody services to HUB4, continuing a partnership that began in 2015. The Securities Services division has supported HUB24 during ...

NZ Super Fund secures stake in Euroclear

CASSANDRA BALDINI  |  MONDAY, 4 SEP 2023
... shareholding in Brussels-based Euroclear, a provider of essential financial markets infrastructure. With assets under custody totalling around €36 trillion and facilitating over €1 quadrillion in annual securities transactions, Euroclear offers a ...

SuperConcepts to take over AET platforms clients

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... arrangement with EQT's super trustee. EQT will remain as trustee of the funds and will provide select non-standard asset custody for the SAFs via another subsidiary. The two companies will work together closely to ensure a seamless transition, they ...

HSBC committed to local custody arm despite rapid decline in assets

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
Despite its local assets under custody and administration plummeting by more than 60% in the past six months, HSBC is adamant it's not going anywhere. The most recent statistics to come out of the Australian Custodial Services Association (ACSA) show ...

Blackwattle selects Apex Group for administration

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... Apex Group will provide the new boutique with technology-enabled fund administration, transfer agency, middle office and custody solutions. "From day one at Blackwattle we are committed to open and transparent communication with our investors so it essential ...

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 ...