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Showing 131 - 140 of 667 results for "custody"

Citi unifies global wealth management business

ELIZABETH MCARTHUR  |  THURSDAY, 14 JAN 2021
... The institutional clients group looks after more than 1000 clients across Australia and New Zealand, including across custody, trading and banking. The new business will also incorporate Citi Private Bank and Citi Personal Wealth Management. O'Donnell ...

Praemium sees benefits of scale

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
... are driving efficiencies and improving reach to existing clients and prospects alike." Ohanessian said the company's non-custody solutions have also been attracting considerable interest as advice firms look to outsource administration of their off-platform ...

Northern Trust wins First Sentier mandate

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... inching up the league tables i n two successive reporting periods, as at June 2020. It looked after $561.5 billion in total custody assets in Australia. Custodians' market share of the $3.75 trillion in total assets under custody for Australian investors ...

Charles Schwab fails consumers, cops fine

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... out a regulated activity without permission. The firm did not at all times have permission to safeguard and administer custody assets, and failed to notify the FCA of the breach when applying for the correct permission. CSUK agreed to settle the case ...

IOOF, BT end platform relationship

ANNABELLE DICKSON  |  FRIDAY, 18 DEC 2020
The wealth manager has ended its decade-long relationship with BT, selecting another platform to provide custody and administration services and build a new raft of super and investment products. BT will continue to provide platform and related services ...

BNP Paribas wins custody mandate

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... 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 BNP Paribas Securities Services, which provides clearing and custody ...

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... services within the securities services team. Justin Burman is moving into the role as Citi Australia continues to transition custody clients from RBC Investor & Treasury Services after a March agreement between the two. Burman has 25 years of financial ...

NAB wins custody mandate

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... comprehensive and local knowledge of the ever-changing regulatory and industry landscape." Suncorp outsourced its entire custody and investment administration operations to NAB Asset Servicing in 2013 as it got out of doing it itself. It later picked ...

EQT wins custody mandate

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
Equity Trustees has scored a custody mandate from an $850 million REIT. HomeCo, an ASX-listed property ownership, development and manager (HMC), appointed EQT to oversee its HomeCo Daily Needs REIT (HDN). HDN's portfolio includes retail property ...

Rice Warner hires former First State deputy chief

KANIKA SOOD  |  MONDAY, 23 NOV 2020
... in July. Arnott will join Rice Warner's superannuation team in Sydney. His focus will be on client solutions around custody and unit pricing, member administration and advice solutions. Arnott was also the chief executive of First State's advice ...