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Showing 481 - 490 of 692 results for "Custodian"

ASIC increases NTA requirements for custodians

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
The Australian Securities and Investments Commission (ASIC) has introduced new regulations over the amount custodians are required to hold in net tangible assets (NTA). Under the new regulations, custodians must hold 10% of average annual revenue in ...

Super charter should be enshrined in legislation: AIST

JAMES FERNYHOUGH  |  THURSDAY, 27 JUN 2013
The Australian Institute of Superannuation Trustees (AIST) has said that the government's proposed Charter of Superannuation Adequacy and Sustainability should be enshrined in legislation. In a submission to the discussion paper, the AIST also said ...

BNP Paribas launches dealing services in Australia

LAURA MILLAN, MARK SMITH  |  TUESDAY, 25 JUN 2013
Global custodian BNP Paribas Securities Services (BNP Paribas) has targeted super funds with in-house investment capabilities with the expansion of its global dealing services solution to include the Australian market. The custodian has launched the ...

Hyperion joins Calastone's automated network

MARK SMITH  |  THURSDAY, 20 JUN 2013
Hyperion Asset Management has joined Calastone, an independent global transaction network for the superannuation and managed fund industries. The fund manager's membership automates flows from participating platforms and custodians into Hyperion Funds. ...

State Street appoints head of active investment

JAMES FERNYHOUGH  |  THURSDAY, 20 JUN 2013
State Street Global Advisors (SSgA) has rejigged its leadership team, bringing it in line with changes in investment strategy. Current CIO head of cash Steve Meier will become CIO of fixed income, currency and cash. This reflects a move to bring all ...

ASIC continues proceedings against Wellington Capital

LAURA MILLAN  |  TUESDAY, 11 JUN 2013
... shareholder in ARL, but Wellington did not consult nor obtained the consent of PIF unit holders to do the transaction. PIF custodian Perpetual Nominees and ARL are also acting as defendants in the case. In a Notice of Meeting and Explanatory Memorandum ...

Dimensional appoints Citi as its custodian

MARK SMITH  |  MONDAY, 3 JUN 2013
Global funds manager Dimensional has appointed Citi's Securities and Fund Services as back office provider to its Australian funds. Citi will provide custodial, fund accounting, unit registry and securities lending services to the Dimensional Australia ...

Government to hold public forums on Super Charter

JAMES FERNYHOUGH  |  MONDAY, 3 JUN 2013
The Federal Minister for Superannuation Bill Shorten has encouraged interested parties to attend a public forum on the future Charter of Superannuation Adequacy and Sustainability. The Gillard government announced its intention to create the Super Charter ...

SPAA gives support to Council of Super Custodians

JAMES FERNYHOUGH  |  MONDAY, 13 MAY 2013
The SMSF Professionals' Association of Australia (SPAA) has voiced support for the government's move to set up a Council of Super Custodians. Minister for Financial Services and Superannuation Bill Shorten announced the creation of a Charter Group last ...

No need for more super bureaucracy: Cormann

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
There was no need for more bureaucracy to protect Australian's superannuation savings, shadow minister for Financial Services Mathias Cormann has said in response to the government's announcement of a superannuation charter. Cormann was also critical ...