Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 261 - 270 of 3364 results for "mandate"

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
Income Asset Management's (IAM) mandate to refinance digital non-bank lender MoneyMe's debt facility has grown to $130 million. IAM is refinancing MoneyMe's MME Horizon Warehouse Trust, which has secured commitments from family offices ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... Services business has been chosen by Medibank Private to provide custody and fund administration services. As part of the mandate, BNP Paribas will handle Medibank's custody, fund administration, performance reporting, cash management, and FX solutions. ...

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Northern Trust has been selected to provide global custody and valuation reporting services for Generation Life. With the new remit, Northern Trust will provide support to $1.5 billion ( as of 31 January 2025 ) of Generation Life's portfolio assets ...

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... that have been the bedrock of Platinum's offering to clients," Peters said. "In conjunction with the IOG, he will have a mandate to improve the investment process with the clear objective of revitalizing the investment performance of the platinum International ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
In a bid to curb monopolistic practices, ASIC's new powers that mandate the ASX to be more transparent on its fees and services relating to clearing and settlements (CS) will kick in three months from now. Under the ASIC CS Services Rules 2025 ...

CSC sells down data centre holdings to Future Fund, Infratil

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
The Future Fund and Infratil will up their stakes in a local data centre services provider as the Commonwealth Superannuation Corporation (CSC) sheds some of its holdings. CSC has agreed to offload 12.04% of the ordinary shares it holds in Canberra ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... billion. BNP Paribas saw its total assets under custody climb 12.2% to $540 billion; in the period it scored a $4.4 billion mandate from The University of Sydney Endowment Fund. In late December, it also announced it had secured a custody mandate from ...

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... that needed to be provided to product providers," he said. The government has bestowed powers on the relevant minister to mandate a form. But this has yet to happen. "Treasury hasn't necessarily prioritised this issue, so we didn't come onto ...

EQT awarded two new mandates

ELIZA BAVIN  |  TUESDAY, 11 FEB 2025
Equity Trustees (EQT) has been awarded two fresh mandates to act as responsible entity for both Realm Investment House and MA Financial. MA Financial Group partnered with EQT as the responsible entity and custodian for its newly launched MA Credit Income ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
Cbus is under investigation by APRA for possible breaches of superannuation legislation, with the regulator announcing the probe alongside a court-enforceable undertaking to address the super fund's risk management and oversight of key fund services. ...