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Showing 291 - 300 of 795 results for "custody"

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... managed investment scheme by law. It also said it would have to raise or borrow money to pay the levy. It argued against the custody fee component on similar lines, with the additional point that it could not have provided custodian services without ...

Former Link Fund Solutions operations lead in new role

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... services for the benefits of our clients and broader industry." Prior to his role at Link, Christopher was managing director, custody services at One Investment Group and head of clearing, custody services and product for BNP Paribas Securities Services ...

Superannuation fund delays custodian swap

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... new custodian, citing heightened short-term risk from COVID-19. Funds SA last July said it would end its 19-year-long custody relationship with J.P. Morgan and move to Northern Trust, after a long tender process that started in 2018. The original transition ...

Citi to expand local securities team

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... Citi Group is planning to boost the presence of its Sydney-based securities services team, as it onboards a suite of new custody clients. Citi is expecting to build out its Sydney footprint after it finalised a client transfer agreement with the Royal ...

Northern Trust climbs custody league tables

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Northern Trust has rocketed up the asset servicing performance tables, after adding almost 30% to its assets under custody in the second half of 2019. The Australian Custodial Services Association's latest asset servicing industry statistics show Northern ...

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
... independent custodian, effective from February 27 this year. "Perpetual Corporate Trust is a respected and leading provider of custody services," Raiz said. "Perpetual Corporate Trust is a member of the Perpetual Limited group which has provided trustee ...

Citi appoints head of investment partnerships

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
... management, deposits and credit/debit cards; and the institutional bank, which includes equity and debt capital market services, custody, forex, and treasury services.

More US giants added to Chi-X TraCRs

HARRISON WORLEY  |  FRIDAY, 21 FEB 2020
... investment vehicle. The alternative stock exchange has boosted the options available to investors through its Transferable Custody Receipts, adding giant US stocks Netflix, McDonald's, Starbucks, Caterpillar and Visa to the TraCRs menu. The five ...

New Aussie ETF to invest in FAANGs

KANIKA SOOD  |  FRIDAY, 21 FEB 2020
... which has just expanded its suite of international tech stocks available to Aussie investors. TraCRs are transferable custody receipts (TraCRs) that give Aussie investors exposure to the financial performance of Apple's shares with local trading. ...

Nowra man lies to ASIC, jailed

ELIZABETH MCARTHUR  |  MONDAY, 17 FEB 2020
... about shareholding. John Lindsay Merity was sentenced to a term of two years imprisonment, with a minimum of one year in custody in relation to contravening section 1308(2) of the Corporations Act 2001. In delivering Merity's sentence, Judge Blackmore ...