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Showing 81 - 90 of 228 results for "Asset servicing"

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... the overlap between the two super fund's key external vendors. Both use JANA as the asset consultant, NAB asset servicing as the custodian and Mercer as the administrator. They were also willing to have a skills-based board, a point over which Equip's ...

J.P. Morgan still the top custodian

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... 22% slice of this pie with custody contracts for the likes of AustralianSuper and HESTA. It first toppled NAB Asset Servicing from the top spot in the first half of 2016. BNY Mellon was the fastest growing custodian during the period as it almost doubled ...

APRA hires former MLC Life executive

KARREN VERGARA  |  TUESDAY, 5 MAR 2019
... March 2009 as general manager of group relationships before moving to other roles in client delivery and sales for asset servicing. Chief executive David Hackett said Smith was a key member of the leadership team and played an instrumental role expanding ...

NAB extends asset manager custody deal

HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
NAB Asset Servicing has extended its custody partnership with a $4.5 billion fund manager. On Tuesday the custodian said an extensive operating model led to the deal extension, which will see it also provide unit registry services, including call centre ...

Link sells a slice of $1.5 billion acquisition

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... corporate and private clients (CPCS) business to Apex Group for about $430 million. The CPCS business was part of Link Asset Servicing (LAS). In 2017, Link paid $1.5 billion to buy Capita Asset Services to expand its presence in the UK and Europe, and ...

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... more established service providers. Throughout 2018 Crescent Wealth appointed Equity Trustees as trustee; NAB Asset Servicing as custodian; Mercer as fund administrator; and bfinance as investment adviser. "Crescent Wealth is growing quickly and has ...

Pension fund awards custody mandate

HARRISON WORLEY  |  THURSDAY, 27 SEP 2018
... of Korea (NPS) appointed BNY Mellon as its global custodian for fixed income. BNY Mellon Asia Pacific head of asset servicing Rohan Singh said the deal affirmed the value of the firm's integrated servicing and data solutions offering to institutional ...

OneVue and boutique fund manager ink platform deal

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... month period. This was due in large part to the growth of its managed fund administration business, having won NAB Asset Servicing's book of clients and started transitioning the fund managers in the second half of the financial year. In announcing the ...

OneVue posts solid earnings, fund services stands out

KANIKA SOOD  |  MONDAY, 27 AUG 2018
... administration business alone delivered $2.2 million of the year's total revenue growth of $8.2 million. OneVue won the NAB Asset Servicing book of clients early in the year and started transitioning the fund managers in the second half. The company ...

Cromwell operating profit up 3pct, trims distributions

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... further in the future growth of the platform." Wholesale funds management business was down 3% to $16.4 million. Asset servicing profit jumped from $0.2 million to $2.2 million, due to the Northpoint Tower project management fee. Its $2.5 billion property ...