Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 601 - 610 of 693 results for "Custodian"

BNP Paribas upgrades client support

COMPANY RELEASE  |  FRIDAY, 30 JAN 2009
... being deployed to clients in Australia this month. It is offered via BNP Paribas' web portal, Neolink. According to the custodian, My Queries is an online and automated query tracking system that streamlines the processes involved for initiating, managing ...

State Street extends PPF mandate

PRESS RELEASE  |  TUESDAY, 9 DEC 2008
... management, said the firm would support the PPF with "transparent access" to valuation, performance and risk data. The global custodian was appointed by the PPF to provide custodial, accounting, cash management and reporting relationship three years ...

If in doubt, stop securities lending: WW

MEDIA RELEASE  |  FRIDAY, 28 NOV 2008
... when the client's securities lending programme is run on an agency basis by the fund's lending agent, usually their custodian, said the firm. Regarding counterparty risk, lending agents were able to re-purchase most clients' assets within two days of ...

BNP Paribas wins NZ mandate

RUTH LIEW  |  TUESDAY, 18 NOV 2008
... second largest community trust, the $500 million Canterbury Community Trust. The trust appointed BNP Paribas as master custodian of its invested funds. Trust chairperson Barry Dent said that BNP Paribas would bring all of their managed fund assets - ...

Optimum hires RBC Dexia

RUTH LIEW  |  MONDAY, 20 OCT 2008
... fund valuation and unitholder recordkeeping services. According to a statement by RBC Dexia, Optimum is engaging the custodian to service the fund manager's recently launched family of pooled funds. "After a comprehensive review of the capabilities of ...

Large instos to move admin in-house

MICHAEL HOBBS  |  FRIDAY, 17 OCT 2008
Technology expert SimCorp predicts more multi-managers and super funds will consider taking custodial-type services in-house to gain better clarity and control of their underlying investments. Rod Dew, SimCorp sales manager, explains that with increasing ...

Fortis bank $19.5bn bail-out 'stabilises' FIA

MICHELLE BALTAZAR  |  MONDAY, 29 SEP 2008
The part nationalisation of European banking giant Fortis will not affect the operations of its local subsidiary, Fortis Investments Australia, nor put FIA's $6 billion in funds at risk, said FIA's chief executive Ian Manton-Hall. The fate of Fortis ...

LGSS affected by shorting ban

RUTH LIEW  |  FRIDAY, 26 SEP 2008
... we won't be able to carry out that overlay," he said. Finally, LGSS participates in a stock-lending program via its custodian, JPMorgan. Turnbull however said they are "very careful" as to what sort of security they hold over the stocks, with the activity ...

ASIC tightens short-selling rules

MICHELLE BALTAZAR  |  MONDAY, 22 SEP 2008
The Australian Securities Exchange Commission (ASIC) moves to block offshore market speculators and traders from targeting the local stockmarket when it imposed temporary restrictions on short-selling of all listed Australian equities effective today. ...

Mahogany assesses Lehman exposure

MICHAEL HOBBS  |  FRIDAY, 19 SEP 2008
... Mahogany Capital in its Notes Series. Mahogany Capital is working with security trustee, Perpetual Trustee Company, custodian and trustee Bank of New York Mellon and the note trustee of Mahogany Notes I to clarify its position. "The reason for the suspension ...