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Showing 181 - 190 of 691 results for "Custodian"

Macquarie finalises Waddell & Reed acquisition

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
... wealth business to LPL Financial, a retail investment advisory firm, broker-dealer and registered investment advisor custodian, for US$300 million. Some 900 Waddell & Reed advisers have joined LPL. LPL expects to onboard the advisers over the next few ...

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
BNY Mellon clients will now benefit from the investment giant's use of Financial Recovery Technologies' securities class action recovery services. The two firms have entered a strategic alliance which will see BNY Mellon use FRT's suite of class action ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... uses MetLife for death and terminal illness and YourCover for total and permanent disability and income protection. The custodian is Sandhurst Trustees.

Franklin Templeton awards custody mandates

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
J.P. Morgan will act as custodian for a further 26 funds as part of its custodial relationship with asset manager Franklin Templeton. The custody partnership between Franklin Templeton and J.P. Morgan in Australia now encompasses $8.5 billion in assets ...

Adamantem invests in carbon farming

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
Adamantem Capital has taken a majority stake in a carbon farming project developer which works to regenerate farmed land. Adamantem has joined Climate Friendly as a majority stake investor, supporting the business' growth and aim to tackle the climate ...

J.P. Morgan custody exec retires

KANIKA SOOD  |  MONDAY, 22 FEB 2021
... retired after nearly 20 years with the company. Bryan Gray spent close to 20 years at J.P. Morgan, which is the largest custodian in Australia. Prior to this, he spent about 12 years at State Street in Australia, heading sales in the custody business. ...

J.P. Morgan dominates custody market

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
J.P. Morgan has remained the largest custodian in Australia since 2016, when it bumped off NAB Asset Servicing, closing in on nearly $1 trillion of assets. The Australian Custodial Services Association's (ACSA) biannual statistics revealed J.P. ...

Rest extends State Street relationship

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
The $59 billion industry fund has mandated its custodian State Street to streamline operations in its investment portfolio. Rest will implement Charles River Development Investment Management Solution (IMS) for in-house investments and 'whole-of-fund' ...

Perpetual awards custody mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 JAN 2021
Perpetual Investment Management has appointed a new custodian, replacing RBC Investor and Treasury Services following its exit from the Australian market. State Street Australia won the mandate and will provide custodial and fund administration services ...

Former Trump aide launches crypto fund

KARREN VERGARA  |  MONDAY, 18 JAN 2021
... strategy and a bottom-up manager selection process. Fidelity Digital Assets, a subsidiary of Fidelity Investments, is the custodian of the fund, while Ernst & Young act as the auditor. Scaramucci had a short stint as the White House communications director ...