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Showing 191 - 200 of 689 results for "Custodian"

BNP Paribas wins custody mandate

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
BNP Paribas has won a mandate to serve as sub-custodian in Australia 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 ...

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
The third-largest local custodian has appointed a former RBC executive as its Australia product head of fund services within the securities services team. Justin Burman is moving into the role as Citi Australia continues to transition custody clients ...

NAB wins custody mandate

KANIKA SOOD  |  MONDAY, 7 DEC 2020
NAB Asset Servicing has been appointed the custodian for a banking group. Suncorp Group's insurance, wealth and funds management businesses will use NAB Asset Servicing as custodian in Australia and New Zealand. The contract includes nine Suncorp entities ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
A parliamentary inquiry has again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ...

NAB Asset Servicing signs up to Charles River

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... since 1950 and global custody and investment administration services since 1975. Up until June 2016, NAS was the largest custodian in Australia, when it was overtaken by J.P Morgan which has since remained in the top spot. NAS is now the fourth-largest ...

State Street targets insurance outsourcing

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
... accepting the complete SimCorp Solution to deliver their services." Locally, State Street has 10.7% of the $3.75 trillion custodian market. It was recently fined $1.25 million by AUSTRAC for allegedly breaching 99 times its obligation to report international ...

Superhero sets eyes on managed accounts

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
... Superhero's $5 brokerage fee and $100 minimum investment. Superhero, unlike its trading platform peers, is effectively a custodian, co-founder and chief executive John Winters said, and uses an "omnibus account" structure and regulatory regime (RG133 ...

Netwealth appoints international custodian

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
Netwealth has appointed a global custodian, who will also provide global and domestic equities execution and fund administration. Citi, which is the third largest custodian in Australia, will provide the services to Netwealth. Citi has been executing ...

Robo advice solution set to launch

ALLY SELBY  |  TUESDAY, 22 SEP 2020
Nucleus Wealth and Arrow Financial Advice have partnered to launch a white label digital advice platform, set to feature actively managed portfolios and over 30 ESG filters. This will make it the most comprehensive robo advice service in the Australian ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... institutions have donated their services to ASAM to have it operating at full speed. Perpetual has offered its services as custodian, EY as auditor, Norton Rose Fulbright as legal team, Citco as administrator and BTIG as broker. "The fund's operations ...