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Showing 81 - 90 of 791 results for "custody"

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 ...

Global tech companies eyeing super funds

ELIZA BAVIN  |  MONDAY, 3 MAR 2025
... opportunity in Australia. Janz said the tech companies' range in their capabilities from data solutions, security servicing and custody, and solutions for the wealth sector. "I think this will be the first time that we actually get to see real technology ...

State Street expands global custody footprint

MATTHEW WAI  |  MONDAY, 3 MAR 2025
State Street will take over Mizuho Financial Group's global custody and related businesses outside of Japan. Mizuho operates its custody business through its subsidiaries Mizuho Trust and Banking (Luxembourg) and Mizuho Bank (USA) - both entities hold ...

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Northern Trust has been selected to provide global custody and valuation reporting services for Generation Life. With the new remit, Northern Trust will provide support to $1.5 billion ( as of 31 January 2025 ) of Generation Life's portfolio assets ...

Apex names country head and COO

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... superannuation. Bradford said the appointments underline Apex's position as a market leader in fund administration and custody. "Apex has rapidly scaled in Australia, and the figures from the Australian Custodial Services Association are a testament ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... December end, State Street, Northern Trust, BNP Paribas, Clearstream, Netwealth, and HSBC all saw their total assets under custody grow by more than 10%. State Street's assets swelled by 20.8% to surpass $1 trillion in total assets under custody ...

Former adviser pleads guilty to $1m theft

MATTHEW WAI  |  MONDAY, 3 FEB 2025
... Macadam, with the firm later stating that Torre was never an employee. As a result of his pleas, Torre is remanded in custody until February 7 and a sentence hearing has been set for June 9. The matter is currently being prosecuted by the Office of the ...

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025
... provide meaningful uplift," McMurdo said. In addition to the administrator change, the super fund successfully moved its custody services to State Street on 1 November 2024. "Together these transformational programs will deliver the strengthened business ...