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Showing 641 - 650 of 693 results for "Custodian"

BNP Paribas wins CAAM custody

Credit Agricole Asset Management (CAAM) has appointed BNP Paribas Securities Services to provide fund administration and custody services following a tender process with other custodians. "The distinguishing factor for me was the people. During the ...

Credit Suisse outsources to State Street

MICHAEL HOBBS  |  WEDNESDAY, 31 OCT 2007
Credit Suisse Asset Management Australia has teamed up with State Street in an outsourcing deal that will see the custodian provide middle and back office services across the investment group's $23 billion assets under management. As part of the deal ...

Global competition drives local investor services

ALEX DUNNIN  |  WEDNESDAY, 31 OCT 2007
Australia's dynamic investment market is forcing investor services groups to innovate quickly to meet rising expectations from clients who are now used to buying services globally, said Laurence Bailey, chief executive of JPMorgan Worldwide Securities ...

RBC Dexia wins $5.6bn custody mandate

CHRIS NICHOLLS  |  TUESDAY, 2 OCT 2007
... fund manager and Insurance Alliance subsidiary IA Clarington Investment and taking out the 'Top-Rated' award in Global Custodian magazine's 2007 Major Markets Agent Bank Review. Gavin Foo, senior vice-president, finance and chief financial officer of ...

Messaging transactions for 12 cents: SWIFT

In two weeks' time, fourteen of the country's leading financial institutions including BT, Barclays and JPMorgan will finish a pilot program that promises to slash messaging transaction fees from around $25 per transaction to 12 cents. Early last month ...

GBST buys InfoComp for $56m

Listed accounting and transactions technology provider GBST has acquired wealth management software group InfoComp for $56 million, a move that effectively doubles its size and enables it to branch out to new markets. Under the deal, GBST will pay InfoComp ...

SWIFT protocols to slash transaction fees

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2007
Message transaction processing fees for investment managers, custodians and super funds could be slashed from an average $22 down to just 20 cents if they adopt the new SWIFTNet Funds protocols. SWIFT, the Society for Worldwide Interbank Financial Telecommunications ...

Alternatives rewrite custody

... drawing board and set up units specialising in reporting the exotic and not-so-exotic investment asset classes. JP Morgan, custodian to more than half of all super funds in Australia, set up an alternative investments unit five months ago designed to ...

Northern Trust opens local shop

Global custodian Northern Trust, the US-based custodian selected by the $51 billion Future Fund, flagged its more serious intention to service the local market with the grand opening of an Australian headquarters. In May, the Future Fund handed the ...

APRA extends custodian downstream rule exemption

ALEX DUNNIN  |  TUESDAY, 3 JUL 2007
... extends the exemption custodians had from some previous downstream outsourcing prohibitions, but only if the primary custodian continues to carry all the responsibility. The regulator said the exemption applies only where the agreement between the Registered ...