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Showing 251 - 260 of 690 results for "Custodian"

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 ...

Northern Trust eyes super fund trading desks

KANIKA SOOD  |  WEDNESDAY, 3 APR 2019
Northern Trust thinks the $2.8 trillion superannuation industry will increasingly outsource its trading functions and it wants a slice of the business. As Aussie super funds bring investments in-house and face greater demands for accountability from ...

NAB extends asset manager custody deal

HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
NAB Asset Servicing has extended its custody partnership with a $4.5 billion fund manager. On Tuesday the custodian said an extensive operating model led to the deal extension, which will see it also provide unit registry services, including call centre ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
IOOF recorded net outflows of $481 million in its financial advice and funds management businesses during the final quarter of 2018. The advice business suffered $295 million of net outflows despite completing the transition of 661 former ANZ-aligned ...

Future Fund investment specialist joins Funds SA

KANIKA SOOD  |  THURSDAY, 17 JAN 2019
A Future Fund private equity investment director has joined Funds SA in a role that opened up in October. Cameron Sinclair joined Funds SA as the director of growth alternatives, a role where he responsible for more than $3 billion in assets. Sinclair ...

IOOF, ANZ deal not in best interests of members: Morningstar

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
While IOOF remains confident it will be successful in acquiring ANZ's pensions and investments business, Morningstar is not convinced. Despite yesterday's news of amendments to the contract of sale agreed between IOOF and ANZ, the research house said ...

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
The sale of ANZ's pensions and investments business may take longer than anticipated with contracts now amended following APRA's regulatory action against IOOF. Providing a further update on the sale, ANZ said it has agreed an amendment with ...

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... established service providers. Throughout 2018 Crescent Wealth appointed Equity Trustees as trustee; NAB Asset Servicing as custodian; Mercer as fund administrator; and bfinance as investment adviser. "Crescent Wealth is growing quickly and has a unique ...

Super admin provider adds chief information officer

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
The director of Westpac's security risk and culture program has joined an ASX-listed provider of superannuation administration and trustee services. Anne Coull has been appointed chief information officer at OneVue. The group said the appointment reflects ...

Blockchain comes to managed funds

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
A global funds network used by 95% of Australian platforms will migrate its entire network to blockchain in May 2019. Calastone expects its new distributed market infrastructure (DMI) to dramatically improve the infrastructure for trading and reporting ...