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Showing 281 - 290 of 3995 results for "Administration"

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... latest in a string of mandates for Northern Trust. Earlier this month Northern Trust became global private capital administration partner of Igneo Infrastructure Partners, providing asset servicing solutions to the $32 billion Australia-based infrastructure ...

AI's big moment? Not this year, says Fidelity

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... term. Analysts covering North American enterprises were more positive than their global counterparts about the new administration's impact on their sectors. A key factor is the expectation of a more lenient approach to domestic regulation - both day-to-day ...

Praemium hunts for new chief financial officer

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... group saw a statutory net profit after tax of $5.8 million, up 45% to the prior corresponding period. Funds under administration rose 29% to $62.1 billion. Platform FUA came in at $30.2 billion, including $4.2 billion from OneVue. "This is an outstanding ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... issue. In that period, there were 90,788 affected members who incurred about $69 million in losses from multiple administration fees and insurance premiums and investment earnings. Between May and June 2023, AustralianSuper paid about $69 million to ...

Apex names country head and COO

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... officer for superannuation. Bradford said the appointments underline Apex's position as a market leader in fund administration and custody. "Apex has rapidly scaled in Australia, and the figures from the Australian Custodial Services Association ...

ART appoints chief commercial officer

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... at Mercer in several roles including operations relationship management business development product and pension administration. He has also worked for ANZ and Super Concepts. Last July, ART announced a new operating model, effective immediately, focused ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... year to $705.8 million, and expenses dropping slightly by 7% to $482 million. Average funds under management and administration rose 8.6% to $320 billion. Its Advice business recorded an underlying net profit after tax (UNPAT) of $11.8 million, while ...

Global tariffs to spike under Trump: Economist

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... International Economics, Masters said the average tariff rate of all goods entering the US under Trump's first administration saw the average tariff rate go from 1% to 2% - effectively doubling. Under the current administration, recent tariffs slapped ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
HUB24 expects its $121 billion in funds under administration (FUA) to surge even further as it takes on ClearView's superannuation and pension business, WealthFoundations. WealthFoundations will bring $1.3 billion in FUA via a successor fund transfer ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... assets - Apex Group's pool shrunk by 4% to $35.59 billion. That said, Apex Group has the most assets under administration (not held in custody) at $273.3 billion, up 17.3% since June 2024. When combined with its custody assets, Apex Group ranks sixth ...