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Showing 3151 - 3160 of 10367 results for "Trust"

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... custodian locally with $561.5 billion in total assets under custody for Australian investors, after J.P. Morgan and Northern Trust. Citi overtook NAB Asset Servicing in the six months ending June.

ASIC defers portfolio holdings disclosure deadline

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
ASIC has given superannuation funds another year to disclose their portfolio holdings. The regulator has extended the relief, which defers the first reporting day to 31 December 2021. The relief was set to expire on 31 December 2020, requiring trustees ...

Tourmaline hires two leads, expands footprint

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... clients in the southern US and around the world." The firm set up shop in Sydney two years ago led by two former Northern Trust executives James Santo and Neil Hetherington.

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AustralianSuper's attempt to takeover a New Zealand infrastructure and renewable energy company for $5.1 billion has been rejected. The New Zealand stock exchange-listed Infratil (IFT) this morning rejected the bid, saying that the proposals are ...

WA Super trio launches boutique

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... considering a strategic partnership like this, it was critical to Frontier that we were putting our brand behind people we can trust who have the shared value of providing advice that is in the client's best interests." Frontier's move into advice/family ...

NAB wins custody mandate

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... share from its $530 billion in total assets under custody for Australian investors, after being overtaken first by Northern Trust and at last count by Citigroup.

CBA private office head joins Mutual Trust

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
... be responsible for delivering client experience to high net worth individuals and families across New South Wales. Mutual Trust chief executive Phil Harkness said the appointment comes from increased demand from Sydney-based clients. "Ralf brings to ...

Best managed funds, ETFs named

STAFF WRITER  |  FRIDAY, 4 DEC 2020
... year and 8.6% p.a. over five years, making it the winner. The best multi-sector fund was the IOOF MultiMix Balanced Growth Trust (2.12% for the year and 6.86% p.a. over five years). The full list of Best of the Best winners is revealed in Money's ...

IOOF abandons AET sale

KANIKA SOOD  |  FRIDAY, 4 DEC 2020
... $51.6 million. The business contributed $1.1 million to IOOF's underlying NPAT in 2018. IOOF retained the corporate trust business, which provides private client trustee services, estate planning and compensation trusts.

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
An ASIC investigation found group insurance cover is poorly designed and disclosed to members who are being defaulted into occupational categories with limited data. After looking at the practices of super funds, ASIC found a high proportion of members ...