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Showing 381 - 390 of 691 results for "Custodian"

Super board changes ignore past lessons: Bowen

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
Federal Shadow Treasurer Chris Bowen believes proposed governance changes to superannuation fund boards ignore the lessons learnt from the HIH disaster. Speaking at the Financial Services Council annual conference, Bowen quoted Justice Neville Owen ...

Custody: Revolution or evolution?

MARK SMITH  |  WEDNESDAY, 5 AUG 2015
... have led some to believe custodial services are under-going a drastic revolution. Or is that all part of what being a custodian is all about? That was the question representatives from the custody industry tried to answer during a light-hearted debate ...

FIIG launches fixed income MDA service

DARREN SNYDER  |  WEDNESDAY, 5 AUG 2015
... - core income, income plus and inflation linked - which investors can select depending on their needs. FIIG acts as custodian for the investments in MIPS and J.P. Morgan has been appointed as sub-custodian. The minimum investment amount is $250,000 or ...

Northern Trust wins UCA mandate

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
... of Northern Trust highlights and recognises the increased investor protection that a trusted and experienced external custodian provides," Walsh said. UCA Funds Management, social enterprise of the Uniting Church in Australia, offers investment options ...

FEATURE: Custody under review

DARREN SNYDER  |  MONDAY, 3 AUG 2015
... three years' time and there would be several major considerations in the process. "Inherent in any decision on your custodian is execution. There are some major risks funds face if they can't execute swiftly, and particularly when we're talking about ...

Media Super, BUSSQ reappoint BNP as custodian

LAURA MILLAN  |  THURSDAY, 30 JUL 2015
Media Super and BUSSQ Building Super have retained BNP Paribas as custodian and investment administration provider. The decision follows a market review conducted with consultancy firm Rice Warner. "BNP Paribas Securities Services demonstrated consistency ...

NAS provides new corporate actions service

DARREN SNYDER  |  WEDNESDAY, 29 JUL 2015
... clients to access near real-time corporate actions announced by the issuers of ASX quoted securities. NAS, the largest custodian in Australia, believes the new service will deliver the "most timely, accurate, and comprehensive corporate action data ever ...

American IRAs not super funds

DARREN SNYDER  |  MONDAY, 20 JUL 2015
... IRA is not a superannuation fund because it is not indefinitely continuing. The Commissioner also said the IRA is a custodian agreement where the applicant is not restricted in taking money from it at any time - this differs from Australian regulatio ...

Mercer appoints new custodian

ALEX BURKE  |  MONDAY, 13 JUL 2015
Mercer has appointed Northern Trust Company (NTC) as custodian for its $25 billion in investment and superannuation assets. NTC was selected "following an extensive and competitive tender process," according to Mercer's statement. "NTC was appointed ...

LGS and Intrust Super appoint J.P. Morgan as custodian

DARREN SNYDER  |  WEDNESDAY, 1 JUL 2015
... unlisted asset administration. Intrust Super chief executive, Brendan O'Farrell, commented it was essential to appoint a custodian that understands the fund's member-centric goals and can deliver services to help manage a rapidly evolving investment ...