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Showing 241 - 250 of 689 results for "Custodian"

New boutique awards mandate to RBC I&TS

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2019
A new boutique fund manager has appointed RBC Investor & Treasury Services (RBC I&TS) as its new custodian. RBC I&TS will provide custody and fund administration services for Melior Investment Management, which launched its flagship Melior Australian ...

J.P. Morgan wins custody mandate

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
... custody and funds administration relationship with J.P. Morgan with a new mandate. Neuberger Berman used J.P. Morgan as custodian when it launched its $413 million high-yield fixed income listed investment trust last year. It is now expanding the relationship ...

Perpetual wins trustee mandate

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
An infrastructure fund aiming to invest $500 million over five years has chosen Perpetual Corporate Trust as its custodian and wholesale trustee. Impact Investment Partners' new fund, called the Indigenous Infrastructure Fund (IIF), is a private wholesale ...

Calastone blockchain goes live

KANIKA SOOD  |  TUESDAY, 21 MAY 2019
The global funds network that has transacted for over 1100 funds in its Australian network has gone live with blockchain-powered infrastructure. Calastone has migrated 1800 customers from 41 markets to the new distributed market infrastructure (DMI). ...

RBC I&TS Australia lead departs

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2019
... Investor & Treasury Services in Australia has departed, with a new general manager role introduced. After a decade with the custodian, David Travers has left RBC Investor & Treasury Services. A spokesperson confirmed the departure, saying it came as ...

NAB sells fund administration business

HARRISON WORLEY  |  MONDAY, 20 MAY 2019
... the global markets". Clearstream said it plans to expand Ausmaq's current service offering, to provide Australian custodian banks, wrap platforms and wealth managers with access to Vestima, its fully-automated global funds processing platform. Ausmaq ...

OneVue, Mainstream automate cross-platform transfers

HARRISON WORLEY  |  TUESDAY, 14 MAY 2019
OneVue and Mainstream Group have partnered with Calastone to help financial advisers seamlessly move assets from one platform to another. The process enables the transfer of beneficial ownership of securities from different custodians without having ...

Northern Trust wins two mandates

KARREN VERGARA  |  MONDAY, 13 MAY 2019
Northern Trust has won two mandates from an Australian-based $14.7 billion investment manager. Maple-Brown Abbott appointed Northern Trust to provide global custody, middle-office trade matching, fund administration, foreign exchange and associated ...

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... between the two super fund's key external vendors. Both use JANA as the asset consultant, NAB asset servicing as the custodian and Mercer as the administrator. They were also willing to have a skills-based board, a point over which Equip's attempt ...

J.P. Morgan still the top custodian

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... It first toppled NAB Asset Servicing from the top spot in the first half of 2016. BNY Mellon was the fastest growing custodian during the period as it almost doubled its assets under custody from about $12 billion to $24 billion. Apart from this, the ...