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Showing 151 - 160 of 696 results for "Custodian"

EQT buys Stockland Retirement Living for $987m

CHLOE WALKER  |  THURSDAY, 3 MAR 2022
... well-established track record in healthcare, aged care and retirement living. "We are confident that EQT will be the right custodian for the residents and employees and are well placed to support the continued growth of the high-quality Retirement Living ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... different custodians, Northern Trust and State Street respectively. Patrick said the fund will rationalise to a single custodian, but warned that tender process may take some time. Patrick said there won't be too many changes within the investment ...

Assets under custody hit $4.7tn

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
... 5.8%to a new record of $4.7 trillion in the six months to 31 December 2021. J.P. Morgan remains Australia's largest custodian with more than $1.1 trillion in assets under custody. The biggest movement in the market was between the next two largest ...

SimCorp reappointed by BNP Paribas

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
... has been reappointed by BNP Paribas Securities Services to provide investment accounting technology solutions to the custodian. The BNP Paribas group has been a SimCorp client since 2013 and uses SimCorp Dimension across its front-to-back investment ...

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
... take effect March 1. Most notably, Citi Australia has lost its long-standing mandate as investment administrator and custodian for CBA Group Super. The mandates were part of an omnibus arrangement between Citi and Colonial First State, which Citi shared ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
Labor promises that superannuation will not be hotly contested in the upcoming federal election, vowing that if it comes to power in 2022 it will not introduce major changes. Shadow minister Stephen Jones pledged more stability and less uncertainty ...

OnePath Custodians sued over fees for no service

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
Civil penalty proceedings have commenced in the Federal Court against OnePath Custodians for allegedly charging super fund members fees for no service, filed by ASIC. ASIC is alleging OnePath incorrectly charged more than $4 million in fees to more ...

ETF Securities, 21Shares partner for Australia's first crypto ETFs

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
ETF Securities and 21Shares are partnering to launch Australia's first direct Bitcoin and Ethereum ETFs and a best-in-class blockchain research and education centre. Subject to regulatory approvals, the ETFS 21Shares Bitcoin ETF and ETFS 21Shares Ethereum ...

BetaShares changes custodian for hedge funds

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
The custodian of BetaShares' listed hedge funds has changed. The ETF manager announced to the ASX that from November 26 Deutsche Bank AG will no longer serve as the custodian and prime broker for the three funds. Instead, BNP Paribas has been appointed. ...

Clearstream wins custody mandate

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
Clearstream Australia has won a mandate to serve as sub-custodian for unlisted managed funds and hedge funds in Australia and New Zealand for a large firm. J.P. Morgan appointed Clearstream to provide local sub-custody services. Clearstream has been ...