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Showing 11 - 20 of 243 results for "Asset Servicing"

Insignia Financial posts strong quarter

MATTHEW WAI  |  THURSDAY, 23 OCT 2025
... advice." Meanwhile, earlier this month, Insignia completed the transition of MLC Wealth custody service from NAB Asset Servicing to BNP Paribas. "This involved migrating 473 investment funds and superannuation portfolios, representing $150 billion in ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... Northern Trust head of Australia and New Zealand Leon Stavrou points out that this is already the case, to an extent. Asset servicing banks and super funds are regulated by APRA, and these institutions must comply with Prudential Standards CPS220 Risk ...

Praemium partners to offer more global options

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... Praemium said. Noting its comprehensive suite of services - spanning order execution, settlement, safekeeping, and asset servicing, Praemium believes the integration will consolidate cross-border fund distribution and ensure the highest standards of ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... Apex Group leads on assets under administration (not held in custody) at $298.4 billion. The winding down of NAB Asset Servicing continues, with it still holding about $240 billion in assets as at June 30, according to ACSA. Overall, allocations to overseas ...

Citco secures powerful backer in global investment firm

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... majority ownership. GIC managing director Girish Karira said Citco has organically grown into a global market-leading asset servicing business, delivering value to investors like GIC for over 50 years. "Our investment aligns squarely with GIC's commitment ...

Northern Trust appoints sales lead for asset servicing

ELIZABETH FRY  |  THURSDAY, 24 APR 2025
Chicago-based custody bank and asset manager Northern Trust has appointed a global head of sales for asset servicing. Douglas Gee will replace Jon Dunham, who plans to retire. Based in London, Gee currently leads sales teams across Asia-Pacific, Europe ...

IFM Investors fills executive post after global hunt

ANDREW MCKEAN  |  FRIDAY, 11 APR 2025
... operations since 2018. Her career prior to IFM included more than 15 years at Citi Securities Services and NAB Asset Servicing, where she worked across operations, operating model design, client solutions, and sales. With her appointment, Diab will join ...

Apex on local hiring spree

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
... even though it will continue to focus on managed funds, custody, fund administration, and registry. The global asset servicing provider recently expanded its Australian leadership team with two key hires following its acquisition of Iress' superannuation ...

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... domestic and international equities, bonds, FX, and SICAVs. "Northern Trust's position as one of Australia's leading asset servicing providers allows us to dedicate resources and tailor capabilities to meet our clients' unique needs," Northern Trust ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... double-digit gains, Clearstream grew its assets by 10.2% to total $119 billion. Outside of Artega and the closure of NAB Asset Servicing, just one other player saw a decline in their total custody assets - Apex Group's pool shrunk by 4% to $35.59 ...