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Showing 11 - 20 of 251 results for "Fund administration"

Fiducian welcomes two practices

KARREN VERGARA  |  FRIDAY, 14 JUN 2024
... had more than $3 billion in funds under administration. Fiducian recently appointed Citi to provide custody, fund administration, and registry services.

Equip Super awards custody mandate

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... Servicing. Northern Trust won the mandate to provide asset servicing solutions that include global custody, fund administration and portfolio analytics. It replaces NAB Asset Servicing, which flagged in 2022 that its parent company NAB will leave custody ...

AFM Investment Partners brings new feeder fund to Australia

ELIZA BAVIN  |  MONDAY, 29 APR 2024
... and reporting for domestic wholesale clients. The plan is that Vasco Trustees will provide the Australian fund administration. KGAL is a German independent investment and asset manager with a managed investment volume of around €16 billion. The group ...

Citi scores $13bn custody, admin mandate

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... Services added an ASX-listed investment manager and advice group to its client book. Citi is now custodian, fund administration and registry services provider for Fiducian Group, having completed the migration of over 1300 assets, thousands of transactions ...

Perennial renews contract with SS&C

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... follows Perennial selecting HSBC as its fund administrator and custodian. HSBC now provides global custody, fund administration, and ETF administration services to Perennial's funds and in 25 markets. At the end of 2023, Perennial had about $7.1 ...

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
... additional $20 million over 18 months if certain milestones are met. Last year, Iress also sold its managed fund administration business to SS&C Technologies for $52 million. The current effective interest rate across Iress' drawn borrowings is approximately ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... been appointed as fund administrator and custodian to Perennial Partners. It now provides global custody, fund administration and ETF administration services to all Perennial's funds and in 25 markets. "HSBC's ongoing investment has enabled Perennial ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
MSC Trustees has acquired Certane Corporate Trust, the fund administration and corporate trustee business formerly owned by the now-defunct Sargon Capital. Following the transaction settlement on January 12, MSC Trustees now has some $30 billion in ...

BNP Paribas acquires HSBC's hedge fund admin business

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
BNP Paribas Securities Services has signed an exclusive agreement to take on HSBC's hedge fund administration business. The transfer of services from HSBC to BNP Paribas will involve the integration of certain employees within BNP Paribas' expert teams ...

'Critical shortcomings' demand urgent action from trustees: APRA

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
... risks in end-to-end processes, ensure the continuity of critical operations like investment management and fund administration during severe disruptions, and responsibly manage risks linked to third-party outsourcing. However, Cole singled out cyber ...