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Showing 421 - 430 of 696 results for "Custodian"

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 ...

FEATURE: The metamorphosis of custody

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
... particular, with their mushrooming funds under management and increasing sophistication, are the prize clients for any custodian, who will fight tooth and nail for their business. In recent years funds such as REST, QSuper, Sunsuper, Cbus and HOSTPLUS ...

Calastone launches automated reporting tool

LAURA MILLAN  |  MONDAY, 14 JUL 2014
Calastone network users will be able to electronically communicate half yearly distribution income information from December. The new tool will automate distribution and communications between accountants managing self-managed super funds (SMSFs) and ...

Super funds have clout to demand transparency

JAMES FERNYHOUGH  |  FRIDAY, 11 JUL 2014
... have, every stock we hold, every airport, every building, every power station. "It's all there to be extracted from the custodian's data base. This isn't hard. It's an excel spread sheet." He said he only had one objection to the original standards which ...

HOSTPLUS nearly ready for SMSF infra investments

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
... fund is complex. "It requires a whole stack of legal transfers of all of HOSTPLUS's assets from one pigeonhole in the custodian to another. It's all done through legal documentation," he said. "But because the beneficial own is different, you have to ...

Alternatives managers must be more transparent

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
... confidence that the manager can add value from both an investment and an operational perspective. Gayer stressed the role a custodian can play in the reporting process. "Where the service provider is also the custodian of the fund, they have access to ...