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Showing 441 - 450 of 699 results for "custodian"

BNP Paribas appoints custody product head

STAFF WRITER  |  WEDNESDAY, 7 MAY 2014
BNP Paribas Securities Services, a global custodian with over $8 trillion in assets under custody, has appointed Justin Burman as head of product - asset and fund services (AFS) in Australia. Burman is responsible for market research and analysis, service ...

Citi wins custody of Norway's Oil Fund

JAMES FERNYHOUGH  |  TUESDAY, 6 MAY 2014
Citi has replaced JP Morgan as custodian to Norges Bank Investment Management (NBIM), the body that manages Norway's $850 billion Government Pension Fund Global. Colloquially known as 'the Oil Fund', according to Towers Watson it is the second largest ...

Custodians fight hard for big super deals

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
... exchange for strategic long-term deals. One method of doing this is by offering so-called 'fee holidays', whereby a custodian will let a super fund off all or a portion of custody fees for a period of time. Financial Standard understands that State Street ...

BNP Paribas wins $1bn Certitude contract off NAB

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
BNP Paribas has won a bid to provide custody and administration to Certitude Global Investment, replacing previous custodian NAB. The deal involves 14 international unit trusts, including Threadneedle Investments (UK), Lighthouse Investment Partners ...

Super fund custody 'fee holidays' revealed

JAMES FERNYHOUGH  |  TUESDAY, 22 APR 2014
... there are a number of deals being done in the market recently that one could argue are less than commercial for the custodian that's breaking those deals," he said. "Typically a custody and fund admin deal has a minimum five-year timeline, mainly for ...

Technology now about connectivity not just firepower

ALEX DUNNIN  |  TUESDAY, 15 APR 2014
Rapidly changing technology isn't a threat to financial services operators, it's just the continuation of long term trends that have always confronted the sector, said global financial services technology specialist Advent. Illustrating how far technology ...

NAB and Deutsche Bank extend custody relationship

ALICE URIBE  |  THURSDAY, 13 MAR 2014
... Australia Bank Asset Servicing has won the Deutsche Bank custody contract after a tender process, taking over from previous custodian J.P. Morgan. Naomi Flutter, head of global transaction banking for Deutsche Bank Australia and New Zealand, said: "We ...

Citi closes gap in custody race

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
... is increasingly common. Today, for example, NAB announced that it would take over from J.P. Morgan as Deutsche Bank's custodian. Martin Carpenter, managing director of Citi's custody business, said his company's growth was down to a mixture of new clients ...

SunSuper creates investment operations role

HARRY PAGE  |  THURSDAY, 6 MAR 2014
... as a consultant and was instrumental in helping us with the selection and transition to State Street Australia, our custodian," he added.

Future Fund names interim managing director

MARK SMITH  |  WEDNESDAY, 26 FEB 2014
... experience in the provision of fund accounting and tax reporting services to investment management clients gained at National Custodian Services in Melbourne. Mann's appointment indicates that the Future Fund board has decided against combining the managing ...