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Showing 261 - 270 of 692 results for "custodian"

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 ...

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 ...