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Showing 261 - 270 of 690 results for "Custodian"

Managed accounts provider replaces Praemium

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
... [clients'] money held in a custodian's name was confusing them." In the SMA solution the client money was held at a custodian and added to the admin costs. In the newer professionally managed accounts solution, the money is held in the client's ...

Qualitas seizes non-bank financing opportunities

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... exposure to real estate loans secured by first or second mortgages. Perpetual Corporate Trust is the responsible entity and custodian of the trust. Qualitas has worked with Perpetual since 2014. Perpetual Corporate Trust general manager of managed fund ...

RBC I&TS wins custody, fund admin mandate

JAMIE WILLIAMSON  |  MONDAY, 15 OCT 2018
... integration program. It is also developing a global middle-office solution. Head of RBC I&TS Australia, David Travers said the custodian is finding prospective clients want more than commoditised custody services. "We are looking forward to working with ...

Industry fund renews custodian

KARREN VERGARA  |  THURSDAY, 11 OCT 2018
A $46 billion industry fund has reappointed its custodian for another three years, extending the 20-year partnership. J.P. Morgan will continue to provide custody and fund services to HESTA. HESTA chief executive Debby Blakey said: "We have an ambitious ...

Funds SA portfolio manager leaves, team to expand

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
The $32 billion South Australian public sector fund is bidding farewell to a long-standing portfolio manager who looked after its alternatives portfolio. Clive Boyce managed Funds SA's private equity, infrastructure and opportunistic property investments ...

Sargon grows executive lineup, launches fintech solutions

JAMIE WILLIAMSON  |  TUESDAY, 2 OCT 2018
With a rebrand, numerous executive appointments and the launch of two new products, Sargon Capital is on an impressive growth trajectory. Adding to what has already been a whirlwind few months for the company; the newly-rebranded Sargon is celebrating ...

Blue Sky refunds $4.1m overcharge

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
... asset (NTA) requirements in June, July and August. The breach arose from the time Australian Executor Trustee was the custodian of Blue Sky Private Equity for seven managed investment schemes. Australian Executor Trustee has since rectified its NTA breach ...

Pension fund awards custody mandate

HARRISON WORLEY  |  THURSDAY, 27 SEP 2018
... global giant BNY Mellon. The $827 billion National Pension Service of Korea (NPS) appointed BNY Mellon as its global custodian for fixed income. BNY Mellon Asia Pacific head of asset servicing Rohan Singh said the deal affirmed the value of the firm's ...

Mainstream loses super fund contract

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
... Super's incumbent service provider. Prime Super's administrator is Australian Administration Services while its custodian is NAB. If it goes ahead, the merged entity would manage about $5 billion in funds and would see a number of Combined Super ...

Custody contract up for grabs

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
A $32 billion public sector fund manager's custody contract has come up for tender as it reviews the market for the best fit. Funds SA has appointed Mercer Sentinel to advise on the tender process. The manager has invited seven custodians to submit ...