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Showing 211 - 220 of 268 results for "Custodians"

MTAA Super extends NAB Asset Servicing mandate

ELISE BURGESS  |  THURSDAY, 2 FEB 2012
... relationship. NAB will continue to provide a full range of custodial services for the $5.9 billion super fund, beating fellow custodians for the tender. Leeanne Turner, chief executive of MTAA Super, said the painstaking tender process assessed all the ...

Electronic trading reduces risk for fund managers

MELANIE TIMBRELL  |  WEDNESDAY, 18 JAN 2012
... network provider Calastone made the announcement this morning following a local pilot program involving platforms, custodians and asset managers including Aberdeen, RBC Dexia and Schroders. The network operates purely within the primary managed funds ...

NGS Super embraces after-tax benchmarking with FTSE ASFA

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
... off-market buy-backs for greater tax efficiency. As a result of this mandate, nine fund managers and their corresponding custodians will use the index. Tim Hughes, investment counsel for NGS Super said tax could have a significant impact of returns for ...

Australian Custodial Services Association appoints new chair

CLAIRE MCGREAL  |  THURSDAY, 3 NOV 2011
... working groups," said Jond. According to ACSA, regulatory and market practice changes continue to place demands on custodians to ensure they provide effective solutions for clients, typically large superannuation funds, investment managers, as well as ...

Super funds need modern platforms to disclose holdings

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... industry was still operating on legacy relics left over from the 1990s. "Because they outsource their money management to custodians, they keep their old legacy systems," he said. Hill said the mistake they make is trying to patch up their old system ...

Customisable, original, scalable, networked: the next advice paradigm

ALEX DUNNIN  |  FRIDAY, 19 AUG 2011
... Exchange Traded Funds, they said the new product class is wiping out billions of dollars of reliable revenue streams for custodians and integrated wealth groups. Duran, Michelli and Doede said the ramifications of these price shocks will be vast, extreme ...

Four Australians in running for UN PRI election

MATT WOODINGTON  |  TUESDAY, 12 JUL 2011
... combination of both hard headed investment experience together with ESG credentials to actually deliver. We're the custodians of people's investment savings in a world that is more focused on and returns are more driven by responsible investing," said ...

Funds ignoring foreign exchange risk

MATT WOODINGTON  |  WEDNESDAY, 29 JUN 2011
... the foreign exchange parts of their portfolios?" he said. With high profile court cases featuring pension funds suing custodians over foreign currency transactions taking place in the US, Australian managers may take note. Rieck suggested that funds ...

Super funds win merger tax relief

ALISON BEVEGE  |  TUESDAY, 3 MAY 2011
... relief, said the decision took pressure off funds that are merging. "The amount of merging taking place puts strain on custodians and administrators. It's important all the Ts are crossed and the Is are dotted as you want the new fund to have absolute ...

Large funds use scale to boost after-tax savings

ELISE BURGESS  |  WEDNESDAY, 2 FEB 2011
... selection to be applied at the asset class level and not at the portfolio or manager level. Currently offered by larger custodians including National Custodian Service and JP Morgan, several superannuation funds and fund managers also use them.. According ...