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Showing 51 - 60 of 768 results for "Custody"

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... to regulatory action or insolvency. In the US, the Securities and Exchange Commission charged Brite Advisors USA with custody rule breaches and fiduciary failures for directing client assets into accounts controlled by its Australian affiliate, which ...

Northern Trust appoints sales lead for asset servicing

ELIZABETH FRY  |  THURSDAY, 24 APR 2025
Chicago-based custody bank and asset manager Northern Trust has appointed a global head of sales for asset servicing. Douglas Gee will replace Jon Dunham, who plans to retire. Based in London, Gee currently leads sales teams across Asia-Pacific, Europe ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
... management fee they charge is essentially the cost of managing inflows, outflows, portfolio construction, and investor custody at their end. And yet the yield being passed through will almost always be subject to downstream costs, which aren't considered," ...

MSC appoints operating chief

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... the chief compliance officer and chief risk officer, covering regulatory responsibilities for the group's trustee, custody and fund administration services. She has also been an integral part of the current executive team, which includes group founder ...

Trump Media to launch ETFs

ANDREW MCKEAN  |  WEDNESDAY, 26 MAR 2025
... across platforms and brokerages in the US, Europe, and Asia. Crypto.com will support the backend technology and provide all custody for the ETFs through its US trust company, the Crypto.Com Custody Trust Company. The ETFs launch is set to coincide with ...

HNW clients demand more non-custody assets: Study

KARREN VERGARA  |  WEDNESDAY, 12 MAR 2025
More high-net-worth (HNW) clients are investing in non-custody assets as 75% of financial advisers report a growing demand in unique opportunities such private equity and other alternatives, a new survey from Praemium finds. Such assets comprise an ...

Data is our biggest challenge: Aware Super

ELIZA BAVIN  |  TUESDAY, 11 MAR 2025
... "When we looked at the data that we were receiving, the gaps were quite significant. Whether it was an over reliance on custody data that wasn't fit for purpose for the investment decision making process, or there was a lack of data around some of ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... listed hybrids. Last October, Perpetual Corporate Trust (PCT) was picked to be IAM's settlement, middle office and custody partner to take care of 2000 client accounts and $2 billion in funds under administration. Last week, IAM said it has completed ...

Apex on local hiring spree

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
... last year, Apex's big opportunity is in member administration even though it will continue to focus on managed funds, custody, fund administration, and registry. The global asset servicing provider recently expanded its Australian leadership team ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
BNP Paribas' Securities Services business has been chosen by Medibank Private to provide custody and fund administration services. As part of the mandate, BNP Paribas will handle Medibank's custody, fund administration, performance reporting, cash management ...