Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 321 - 330 of 771 results for "Custody"

Pension fund awards custody mandate

HARRISON WORLEY  |  THURSDAY, 27 SEP 2018
One of the largest pension funds in the world awarded a custody mandate to global giant BNY Mellon. The $827 billion National Pension Service of Korea (NPS) appointed BNY Mellon as its global custodian for fixed income. BNY Mellon Asia Pacific head ...

Mainstream loses super fund contract

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
... to the merged board of Prime Super. Financial Standard reported the possibility of merging funds shuffling their admin/custody services vendors last month in its annual custody feature. Mainstream will receive administration fees from Combined Super ...

Custody contract up for grabs

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
A $32 billion public sector fund manager's custody contract has come up for tender as it reviews the market for the best fit. Funds SA has appointed Mercer Sentinel to advise on the tender process. The manager has invited seven custodians to submit ...

Custodians oversee heightened domestic equity trades

DARREN SNYDER  |  FRIDAY, 31 AUG 2018
Australia's total assets under custody sits at $3.6 trillion and local custodians are aiding the settlement of up to 80,000 transactions per day for institutional investors. Latest statistics from the Australian Custodial Services Association (ACSA) ...

Confidence remains in face of regulatory headwinds

JAMIE WILLIAMSON  |  FRIDAY, 31 AUG 2018
... digital solutions as part of a multi-year technology integration program. "Asset managers want more than commoditised custody services. They are looking for a true partner. One that understands the benefits of new technology and can successfully apply ...

Mainstream enters SMA market

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... first pillar in digital market entry strategy to meet adviser demand for independent vertical integration of fund access, custody and clearing services. "For advisers with cost, independence or functionality concerns about their existing platform, Mainstream ...

BNP Paribas product lead joins RBC

JAMIE WILLIAMSON  |  TUESDAY, 14 AUG 2018
... full service product suite. Bringing more than 20 years' experience, Burman will be responsible for both RBC's custody and fund administration offerings across the APAC region. The institution is also welcoming a director of client experience ...

Mason Stevens renews custodian

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... relationship with its custodian as it continues to build its business. NAB Asset Servicing will handle Mason Stevens's custody needs for the next five years. The eight-year-old managed accounts provider started to expand its offerings of separately ...

Aussie fintech launches index-style crypto fund

HARRISON WORLEY  |  THURSDAY, 2 AUG 2018
... potential loss through cybercrime," Michaelides said. "We are launching the CoinJar Digital Currency Fund to handle the custody risks, simplify the investment process and provide industry best practice in security for wholesale investors. "The fund is ...

SPECIAL FEATURE: Breaking the custody mould

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... According to the Australian Custodial Services Association, local custodians now have about $3.5 trillion of assets under custody for Australian investors - an increase of 4.9% over the 12 months to 31 December 2017. J.P. Morgan, BNP Paribas Securities ...