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Showing 321 - 330 of 699 results for "custodian"

RBC secures custody mandate

DARREN SNYDER  |  WEDNESDAY, 8 MAR 2017
... funds under management. The investor and treasury services arm of the Royal Bank of Canada was recently appointed as custodian and administrator for Uniting Financial Services. UFS is the treasury and investment services arm of The Uniting Church in ...

Custody sector hits $3 trillion

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
... custody (AUC) for Australian investors reached $3 trillion for the first time, with J.P. Morgan emerging as the largest custodian followed by NAB Asset Servicing, BNP Paribas, State Street and Citigroup. The industry is forecast to hit $9.5 trillion ...

WHSP throws down the gauntlet

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Washington H. Soul Pattinson is aiming to beat rival contenders with an increased takeover offer for Hunter Hall. Since increasing its bid to $1.60 per share on Friday, WHSP has now matched Pinnacle's unconditional offer of $2 per share. Although this ...

Custodians turn attention to CIVs and MITs

DARREN SNYDER  |  THURSDAY, 9 FEB 2017
The Australian Custodial Services Association will focus its attention around improving the local funds management sector to increase its global competitiveness in 2017. Speaking to its 2016: Year in Review report, ACSA said it will specifically focus ...

Equip eyes merger with Rio Tinto plan

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2017
... said that key considerations for the union were complementary fund cultures, a common fund administrator and a shared custodian. It would also provide Equip's national education and advice services with greater scope, as most RTSSF members are in remote ...

Hunter Hall appoints LIC director

ALEX BURKE  |  TUESDAY, 17 JAN 2017
Hunter Hall appointed a new director for its listed investment company following Peter Hall's resignation. David Groves is currently a non-executive director at Hunter Hall and will now take on a board position at Hunter Hall Global Value Limited. He ...

Hunter Hall ethical mantle in doubt as CIO resigns

ALEX BURKE  |  TUESDAY, 3 JAN 2017
... "Following the acquisition of 19.9% from Peter Hall and if the offer is successful, WHSP will be pleased to be the next custodian of Hunter Hall," WHSP managing director Todd Barlow said. "We believe that WHSP can work with the board and management of ...

QIC renews custody mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 14 DEC 2016
Northern Trust will serve as custodian for QIC's Australian business for another seven year term. The re-appointment comes five years since Northern Trust began providing asset services for the fund manager in November 2011. The firm also acts as global ...

TCorp confirms new custodian

JAMIE WILLIAMSON  |  MONDAY, 12 DEC 2016
The NSW Government will save $80 million by appointing Australia's largest custodian to the pooled investment funds of three government agencies. Following a competitive tender process, J.P. Morgan will provide custodial services for the recently merged ...

OneVue scores major unit registry mandate

ALEX BURKE  |  WEDNESDAY, 23 NOV 2016
... new mandate to provide unit registry administration services. NAB Asset Servicing (NAS), until recently the largest custodian in the country, has chosen OneVue to provide a tailored registry service for its fund managers, adviser and investor clients ...