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Showing 1 - 10 of 133 results for "NAB Asset Servicing"

Local custody industry surpasses $6tn milestone

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
... Citigroup, growing 19.7% to surpass $1 trillion; it now ranks third. Citigroup was a beneficiary of the exit of NAB Asset Servicing, which was wound up in full in the second half of 2025. Also seeing double-digit growth in the period were BNY Mellon ...

Insignia Financial posts strong quarter

MATTHEW WAI  |  THURSDAY, 23 OCT 2025
... advice." Meanwhile, earlier this month, Insignia completed the transition of MLC Wealth custody service from NAB Asset Servicing to BNP Paribas. "This involved migrating 473 investment funds and superannuation portfolios, representing $150 billion in ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... Apex Group leads on assets under administration (not held in custody) at $298.4 billion. The winding down of NAB Asset Servicing continues, with it still holding about $240 billion in assets as at June 30, according to ACSA. Overall, allocations to overseas ...

IFM Investors fills executive post after global hunt

ANDREW MCKEAN  |  FRIDAY, 11 APR 2025
... operations since 2018. Her career prior to IFM included more than 15 years at Citi Securities Services and NAB Asset Servicing, where she worked across operations, operating model design, client solutions, and sales. With her appointment, Diab will join ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... double-digit gains, Clearstream grew its assets by 10.2% to total $119 billion. Outside of Artega and the closure of NAB Asset Servicing, just one other player saw a decline in their total custody assets - Apex Group's pool shrunk by 4% to $35.59 ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... stakeholders and our shareholders should be the beneficiaries of this positioning." Last November, former NAB Asset Servicing executive Jonathan Green took on the role of general manager, superannuation at Fiducian to replace Ross Martin.

Fiducian names general manager, superannuation

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
A former NAB Asset Servicing executive is taking over as general manager, superannuation at Fiducian. Jonathan Green commenced in the role yesterday, replacing Ross Martin who is due to retire. Green brings more than 35 years' experience in financial ...

Vision Super refreshes premium rates

KARREN VERGARA  |  MONDAY, 30 SEP 2024
... three years and 4.45% in FY24. Vision Super recently announced J.P. Morgan is its new custodian, replacing NAB Asset Servicing. The $13.8 billion industry super fund is set to merge with Active Super on 1 March 2025.

The University of Sydney Endowment Fund taps new custodian

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
... classes, listed and unlisted, and, public and private. It's sought a new provider following the withdrawal of NAB Asset Servicing from the Australian market, ultimately selecting BNP Paribas. The University of Sydney Endowment Fund chief investment officer ...

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... delivery of "key inflight projects" in FY25, including the transition to State Street as its current custodian, NAB Asset Servicing (NAS), exits the market. The other key project cited, announced last June, was the transition of its super administration ...
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