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Showing 231 - 240 of 691 results for "Custodian"

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... will take a "more active role" under the new model, which will see the trustee directly engage its investment managers, custodian (BNP Paribas), and related party service provider (AWM Services). Meanwhile, AWM's involvement with the trustee is set to ...

Former Challenger executive joins ASX board

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
The ASX has announced the appointment of a new non-executive director. Robert Woods joins the board with effect from 1 January 2020 and will stand for election at the ASX's general meeting at the end of September this year. "The Board and I are ...

Wealth manager launches new platform

ELIZA BAVIN  |  THURSDAY, 12 DEC 2019
A Tasmania-based wealth manager has announced the launch of a new managed fund platform and appointed a custodian. MyState's wealth management business, TPT Wealth, has launched a new platform to provide managed fund investors with national digital ...

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
APRA has approved IOOF's application to purchase ANZ's superannuation business. The decision to allow the purchase of OnePath Custodians and Oasis Funds Management comes from APRA after it was granted the legislative power to approve or refuse an application ...

Women in Super: A year of accomplishments

MICHELLE BALTAZAR  |  MONDAY, 2 DEC 2019
It was a busy year for Women in Super, capped last Friday with the end-of-year Christmas luncheon where the association raised $18,000 on the day for a community foundation supporting women. Lata McNulty, chair of the NSW Committee, said that in 2019 ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... that by way of member outcomes, it's the reverse. However, he said he is conscious of the fact that AustralianSuper is custodian of a large amount of money on behalf of two million Australians. "If that can be contributed into the economy to increase ...

FSC, ISA face off over APRA heat map

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
Two of the most influential lobbying groups in superannuation have taken vastly different positions on APRA's recently unveiled MySuper heat map. The Financial Services Council and Industry Super Australia have aired uniquely different perspectives ...

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... activities relating to cash settlements for high value payments that were previously conducted by Northern Trust's sub-custodian in Australia," the company said in a statement. Northern Trust country executive, Australia Angelo Calvitto said: "This move ...

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... not in a position to put a timeframe on it but it is [something under review]." Northern Trust is the sixth-largest custodian in Australia with more than $400 billion in assets under custody and prime contracts for many not-for-profit funds such as Future ...

Northern Trust hires from State Street

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... we are independent, have no conflicts in the target manager and legacy manager and we already know the assets as the custodian [for some clients]," he said. Northern Trust is eyeing asset owners, such the $2.9 trillion superannuation sector and asset ...