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

Search Results

Showing 21 - 30 of 768 results for "Custody"

HUB24 advances HTFS Nominees takeover, FUA hits $152bn

KARREN VERGARA  |  TUESDAY, 20 JAN 2026
... prevent superannuation members losing millions of dollars from the Shield Master Fund's collapse. In 2023, HUB24 entered a custody and technology solutions agreement with EQT. Some $1.5 billion was migrated to EQT in October of that year. EQT completed ...

Apex to acquire Mercer's super admin business

ELIZA BAVIN  |  THURSDAY, 8 JAN 2026
... Australian Custodial Services Association show Apex Group had about $300 billion in assets under administration (not held in custody) in Australia.

Frontier recruits operating chief

ELIZABETH FRY  |  THURSDAY, 18 DEC 2025
... corporate services team. According to Frontier chief executive Andrew Polson, her familiarity with investment platforms, custody operations and operational risk management make her a perfect fit for the new role. Polson said: "We're delighted to ...

ASIC class relief for digital assets now effective

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
... Meanwhile, the ASIC Corporations (Amendment) Instrument 2025/871 - registered on the same day - amends the ASIC Corporations (Custody Standards for Providers of Custodial and Depository Services) Instrument 2024/17 (Principal Instrument) to allow providers ...

The shifting role of custodians in the financial ecosystem: ACSA

ANGELIQUE MINAS  |  THURSDAY, 4 DEC 2025
... global leaders in a rapidly digitising financial landscape." Locally, custodians oversaw $5.6 trillion in assets under custody and $6.6 trillion in assets under administration as at June 2025. This includes operations across over 100 markets and processing ...

Shield proposes to liquidate equities to pay investors

KARREN VERGARA  |  WEDNESDAY, 3 DEC 2025
... institutions such as Macquarie Investment Management, Equity Trustees Superannuation, The Trust Company (PTAL) or HSBC Custody Nominees (Australia). The investors of the SMF can recover their investments in the form of distributions or other payments ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
... significantly breached this relationship of trust." Marco's sentence was backdated to September 4, the date he was remanded in custody following the jury's guilty verdict.

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... CS32 Proposed relief for eligible stablecoins and wrapped tokens, and extension of omnibus accounts for digital asset custody is proposing to make ASIC Corporations (Stablecoin and Wrapped Token Relief) Instrument 2025/XXX, which will provide class relief ...

Insignia Financial posts strong quarter

MATTHEW WAI  |  THURSDAY, 23 OCT 2025
... than $700 million in funds under advice." Meanwhile, earlier this month, Insignia completed the transition of MLC Wealth custody service from NAB Asset Servicing to BNP Paribas. "This involved migrating 473 investment funds and superannuation portfolios ...

BlackRock looks to add Bitcoin ETF to local suite

MATTHEW WAI  |  WEDNESDAY, 15 OCT 2025
... portfolios through ETFs, the legal structure will fit even easier with the asset allocation framework, rather than a self-custody Bitcoin exposure. These are the clear advantages in regards to accessibility and convenience. "And also, liquidity; it's ...