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| | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... information for any other purpose than in accordance with its policies and takes very seriously its responsibilities as a custodian of people's personal information. The Fund will take strong disciplinary action if there is evidence that the policies ... |
| | | | ... said there are very few players in the Australian market who could offer it. "If you look at the marketplace, the only [custodian] that can actually offer this at the moment is NAB, and NAB won't do it because NAB are actually one of the ones out there ... |
| | | | ... The purpose of these discussions is to further enhance customer service and delivery." NAS is currently the largest custodian in Australia in terms of assets under custody. However it is the only major custodian operating in Australia to be part of a ... |
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