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Showing 31 - 40 of 241 results for "Asset Servicing"

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... though this was offset in part by a 323% increase in offshore assets, which came in at $11 billion. Naturally, NAB Asset Servicing also continued to shed assets as it winds up. At June end, it had $357.8 billion. This is a drop of 20% in the period ...

CareSuper, Spirit Super take final steps towards merger

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
CareSuper and Spirit Super will merge on November 1, with the new executive lineup and new name confirmed. The merged fund, which will retain the CareSuper name, will be home to some 572,000 members and $52 billion in funds under management. "While ...

Spirit Super finds a new custodian

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
... track to be the successor fund to CareSuper after a planned merger this year, has replaced its custodian, NAB Asset Servicing. The $30 billion industry fund, which has over 350,000 members, will now receive global custody and fund administration services ...

Invartis enters Australian market

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
... with a wealth of experience and expertise in data and technology transformation programs across asset management, asset servicing, and superannuation. Most recently he was sector lead partner for EY's Asia Pacific Wealth Asset Management (WAM) Technology ...

Carlyle, Goldman Sachs give $1.6bn boost to Apex

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
... the nation. However, it's possible Apex has since moved up the ranks when accounting for the wind down of NAB Asset Servicing.

Brighter Super awards custody mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
Brighter Super has appointed a new custodian, severing its ties with NAB Asset Servicing. The $32 billion super fund chose State Street to be its custodian and back-office administrator for some 130 portfolios. The services cover fund accounting and ...

Equip Super awards custody mandate

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
Equip Super has selected a new custodian and back-office administrator to replace NAB Asset Servicing. Northern Trust won the mandate to provide asset servicing solutions that include global custody, fund administration and portfolio analytics. It replaces ...

Citi scores $13bn custody, admin mandate

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... including through mandates from Ausbil Investment Management and Prime Super, both of which were previously NAB Asset Servicing clients. Globally, it oversees US$29.2 trillion in more than 60 markets. "We are delighted to have been appointed by Fiducian ...

Northern Trust appoints head of international enterprise client solutions

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... the highest levels of their organisations. He'll seek to create synergies and facilitate access to the bank's asset servicing and asset management solutions, Northern Trust said. Paulin has 25 years of experience in senior level investment research ...

HESTA names head of investment execution

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... execution strategies. Jelleff spent the last two years as a director at Citi and prior to that was general manager of asset servicing operations, corporate, institutional and markets operations at NAB. She spent more than 14 years at J.P. Morgan as an ...