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Showing 71 - 80 of 618 results for "custodian"

EQT secures RE, custody mandates

KARREN VERGARA  |  THURSDAY, 17 MAR 2022
... Partners chose EQT to oversee the two functions for its Metrics Direct Income Fund. EQT replaces Sandhurst Trustees as the custodian and takes over Evolution Trustees as the responsible entity. The fund aims to achieve a target return of the RBA cash ...

State Street develops digital custody capability

ELIZABETH MCARTHUR  |  THURSDAY, 10 MAR 2022
State Street intends to offer digital custody for some cryptocurrencies and other digital assets, subject to regulatory approvals, with a new partnership. State Street Digital, State Street's dedicated digital division, has entered into a licensing ...

EQT buys Stockland Retirement Living for $987m

CHLOE WALKER  |  THURSDAY, 3 MAR 2022
... well-established track record in healthcare, aged care and retirement living. "We are confident that EQT will be the right custodian for the residents and employees and are well placed to support the continued growth of the high-quality Retirement Living ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... different custodians, Northern Trust and State Street respectively. Patrick said the fund will rationalise to a single custodian, but warned that tender process may take some time. Patrick said there won't be too many changes within the investment ...

Assets under custody hit $4.7tn

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
... 5.8%to a new record of $4.7 trillion in the six months to 31 December 2021. J.P. Morgan remains Australia's largest custodian with more than $1.1 trillion in assets under custody. The biggest movement in the market was between the next two largest ...

SimCorp reappointed by BNP Paribas

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
... has been reappointed by BNP Paribas Securities Services to provide investment accounting technology solutions to the custodian. The BNP Paribas group has been a SimCorp client since 2013 and uses SimCorp Dimension across its front-to-back investment ...

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
... take effect March 1. Most notably, Citi Australia has lost its long-standing mandate as investment administrator and custodian for CBA Group Super. The mandates were part of an omnibus arrangement between Citi and Colonial First State, which Citi shared ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
Labor promises that superannuation will not be hotly contested in the upcoming federal election, vowing that if it comes to power in 2022 it will not introduce major changes. Shadow minister Stephen Jones pledged more stability and less uncertainty ...

OnePath Custodians sued over fees for no service

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
Civil penalty proceedings have commenced in the Federal Court against OnePath Custodians for allegedly charging super fund members fees for no service, filed by ASIC. ASIC is alleging OnePath incorrectly charged more than $4 million in fees to more ...

ETF Securities, 21Shares partner for Australia's first crypto ETFs

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
ETF Securities and 21Shares are partnering to launch Australia's first direct Bitcoin and Ethereum ETFs and a best-in-class blockchain research and education centre. Subject to regulatory approvals, the ETFS 21Shares Bitcoin ETF and ETFS 21Shares Ethereum ...