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Showing 521 - 530 of 795 results for "custody"

Citi wins custody of Norway's Oil Fund

JAMES FERNYHOUGH  |  TUESDAY, 6 MAY 2014
... according to Towers Watson it is the second largest pension fund in the world. Under the deal, Citi will provide global custody and securities lending services to support NBIM's $850 billion investment portfolio globally. Citi said the mandate was "believed ...

Custodians fight hard for big super deals

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
... 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, J.P. Morgan and Citi have all offered such deals ...

Australia signs FATCA agreement with US

MARK SMITH  |  TUESDAY, 29 APR 2014
... collate and pass this information through to the IRS. BNP Paribas, one of the largest providers of administration and custody services for Australian asset owners and managers, has welcomed the deal. "The continuing rise in Australian investors' appetite ...

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
... holiday only referred to a portion of their services. However, they would not say which portion - whether it was just core custody or included ancillary services - or how much of the contract that portion represented. In recent years competition in the ...

Northern Trust hires from within for global head role

MARK SMITH  |  FRIDAY, 28 MAR 2014
... New Zealand country head Rohan Singh. "Asia-Pacific is the fastest growing region for Northern Trust with assets under custody growing at an annual rate of 26% from 2008 through 2013, and assets under management growing by 15% annually over that five-year ...

NAB and Deutsche Bank extend custody relationship

ALICE URIBE  |  THURSDAY, 13 MAR 2014
National 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 ...

Citi closes gap in custody race

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
Citigroup has continued its rapid ascension in the Australian custody market, growing by 19.4% over the past six months, according to figures released by the Australian Custodial Services Association (ACSA). In the first half of the 2013-14 financial ...

Asia Funds Passport on shaky ground

MARK SMITH  |  MONDAY, 10 MAR 2014
... Passport would benefit Asia economies by allowing the centralisation of accounting, unit registry, fund administration, custody, legal and associated services in one place rather than having any number of offices in different domiciles. Whilst UCITS ...

SunSuper creates investment operations role

HARRY PAGE  |  THURSDAY, 6 MAR 2014
... years' experience in the financial services industry, specialising in operations, implementation, risk management and custody operations. She worked for Mercer for 14 years and was the partner and regional director of Mercer Sentinel Asia Pacific. SunSuper ...