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Showing 411 - 420 of 691 results for "Custodian"

Asset owners throwing money away in hidden fees

MARK SMITH  |  THURSDAY, 29 JAN 2015
There are as many as 160 ways asset owners are likely to unnecessarily lose money to hidden costs. But the good news is they can be uncovered and eliminated. That's according to Novarca, a consultancy specialising in what it calls 'cost pattern analysis.' ...

NAS loses another super fund

JAMES FERNYHOUGH  |  FRIDAY, 5 DEC 2014
NAB Asset Servicing (NAS) has lost another super fund client, with TWUSUPER switching custodians to BNP Paribas Securities Services. The $3.9 billion fund is the latest in a string of super funds, including QSuper, Sunsuper and Cbus, to take their business ...

Sydney set to become China share trading hub

MARK SMITH  |  THURSDAY, 13 NOV 2014
... than a disadvantage." Freeman said the firms that are most likely to consider this are global players with integrated custodian and brokerage businesses as they would be best placed to manage the movement of stock. Though he did not name any firms specifically ...

BNP Paribas top custodian for client satisfaction

JAMES FERNYHOUGH  |  THURSDAY, 6 NOV 2014
BNP Paribas has emerged as the top Australian custodian when it comes to client satisfaction, beating the likes of Citi, J.P. Morgan and NAB Asset Servicing (NAS), in the Global Custodian Agent Banks in Major Markets Survey 2014. The survey asked the ...

NAS grows assets under custody

JAMES FERNYHOUGH  |  WEDNESDAY, 29 OCT 2014
... Servicing (NAS) has grown its assets under custody at a healthy rate and maintained its position as by far the largest custodian in Australia, despite recent well-documented difficulties. According to figures released by the Australian Custodial Services ...

Custodians make managers more accountable: BNP Paribas

JAMES FERNYHOUGH  |  FRIDAY, 17 OCT 2014
Super funds wondering whether to sack an underperforming fund manager are increasingly taking advantage of the deep look-through and risk analysis capabilities provided by their custodians. According to Madhu Gayer, BNP Paribas Securities Services head ...

Penalties for fund managers too lenient

MARK SMITH  |  WEDNESDAY, 10 SEP 2014
The penalties dealt out to fund managers who commit fraud are not a severe enough deterrent, according to a senior university lecturer. Dr Pelma Rajapakse of Griffith University was commissioned to write a report by the Australian Centre for Financial ...

Who will buy NAB Asset Servicing?

JAMES FERNYHOUGH  |  THURSDAY, 4 SEP 2014
... State Street The Australian Custodial Services Association (ACSA) reports that State Street is Australia's fifth largest custodian, with AUC of $200 billion as of December 2013. According to figures published by GlobalCustody.net, they are the third ...

RARE joins Calastone network

MARK SMITH  |  TUESDAY, 2 SEP 2014
RARE Infrastructure is the latest fund manager to join the Calastone fund network. Calastone specialises in automating manual processes for the managed fund and superannuation sectors. Previously, platforms and funds communicated by fax machine, with ...

AustralianSuper names new deputy chair

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
... needs." "Serving on the board of Australia's largest superannuation fund is a great responsibility because you are the custodian of the retirement savings of millions of Australian workers. "I look forward to working with Ian Silk, Heather Ridout and ...