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| | | ... relationships over the next two or three years. "We are still receiving those services through Westpac. We will be looking for HR, custody, registry, accounting and custody providers," he told Financial Standard. He said Pendal has not started the process ... |
| | | | ... Australia and New Zealand. Enzo Cotroneo will step into the role, joining HSBC from CitiGroup Australia where he was head of custody and fund services for several years. Prior to that, he held senior positions at JP Morgan - most recently as executive ... |
| | | | J.P. Morgan held on to the top spot among custodians as total assets under custody in Australia fell 1.2% in the half-year ending December 31. Lacklustre markets pushed the total assets under custody down to $3.58 trillion in the period, according to ... |
| | | | ... Melbourne this week. Northern Trust's integrated trading solution extends the custodian's traditional repertoire of custody services to include trade execution. This means it can now find liquidity for super funds or asset managers putting in ... |
| | | | ... portfolios with international investments. MS Wealth Management has been using Praemium's virtual managed accounts (VMA) non-custody reporting system since 2005 for about 2500 accounts with domestic assets. The new contract will deliver $1 million per ... |
| | | | NAB Asset Servicing has extended its custody partnership with a $4.5 billion fund manager. On Tuesday the custodian said an extensive operating model led to the deal extension, which will see it also provide unit registry services, including call centre ... |
| | | | ... currencies. The bank said it is too early to assess the ultimate impact blockchain could have on its other businesses, such as custody and clearing and settlement. However, it is working with a range of clients around the world to determine viability ... |
| | | | ... months, Mainstream grew the number of funds it administers by 106 and added 25 new clients; 29 of the new funds under custody are in Australia. It now looks after a record 921 funds for 368 clients. Mainstream said it has been investing heavily in the ... |
| | | | ... was around the time BNP Paribas Securities Services launched in Asia. The securities services business, which provides custody and back-office functions, currently employs about 2800 people across Australia, China, Hong Kong, India, Japan, Malaysia ... |
| | | | ... than $30 billion for public sector superannuation schemes, insurers and endowment funds. In September, it put out its custody contract to tender, inviting six custodians J.P. Morgan, NAB, Northern Trust, RBC, State Street, BNP Paribas and Citi in a process ... |
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