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Showing 81 - 90 of 231 results for %22Northern Trust%22

Northern Trust climbs custody league tables

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Northern Trust has rocketed up the asset servicing performance tables, after adding almost 30% to its assets under custody in the second half of 2019. The Australian Custodial Services Association's latest asset servicing industry statistics show Northern ...

YouTube fundie ousted, flagship fund to be wound up

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... in relation to the decision and the decision has been subject to due diligence required by the fund's depository Northern Trust. The winding up is expected to commence in January, as European law requires investors are given three months' notice. The ...

SG increase will not help women: Treasury

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... to be: Victoria (31%), Queensland (34%), New South Wales (26%), South Australia (33%), Tasmania (33%), ACT (20%) and Northern Territory (16%). AIST chief executive Eva Scheerlinck said with an estimated 40% of single women retiring in poverty, there ...

State Street bolsters transition team

ELIZABETH MCARTHUR  |  FRIDAY, 27 SEP 2019
... technology and people to ensure effective delivery of the transition management product." The appointment comes after Northern Trust poached an experienced transition manager, Mat Cook, from State Street. State Street also lost another experienced transition ...

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
Northern Trust has become a member of Australia's High Value Clearing System (HVCS), which clears big-ticket payments averaging $2.5 million for a total of $100 billion every day. The custody bank will now be able to settle its own high value payment ...

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... and research around that. I am not in a position to put a timeframe on it but it is [something under review]." Northern Trust is the sixth-largest custodian in Australia with more than $400 billion in assets under custody and prime contracts for many ...

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Northern Trust chair and chief executive Michael O'Grady has defended the company giving an embattled Neil Woodford fund added flexibility on a £150 million loan. The British fundie famously took to YouTube to apologise to investors after his fund ...

Northern Trust embroiled in YouTube fundie saga

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
Northern Trust will have to approve any investments made by Neil Woodford, who famously took to YouTube to apologise for the suspension of his fund, in a fresh blow for the fundie. On Friday, Woodford Patient Capital Trust announced to the London Stock ...

Northern Trust hires from State Street

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
Northern Trust has poached an experienced transition manager from State Street for its Sydney office as it builds the business locally. Matt Cook has been appointed to lead Northern Trust's transition management offering across Asia Pacific from ...

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
... fund has appointed a new custodian, ending a 19 year-long relationship with J.P. Morgan. Funds SA has selected Northern Trust as its custodian, after a long tender process. In September last year, Funds SA said it had invited seven custodians to submit ...