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Showing 1 - 10 of 117 results for "NAB Asset Servicing"

Equip Super awards custody mandate

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
Equip Super has selected a new custodian and back-office administrator to replace NAB Asset Servicing. Northern Trust won the mandate to provide asset servicing solutions that include global custody, fund administration and portfolio analytics. It replaces ...

Citi scores $13bn custody, admin mandate

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... including through mandates from Ausbil Investment Management and Prime Super, both of which were previously NAB Asset Servicing clients. Globally, it oversees US$29.2 trillion in more than 60 markets. "We are delighted to have been appointed by Fiducian ...

Fund manager awards custody mandate

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... custodian and fund administrator. Ausbil Investment Management awarded the mandate following incumbent custodian NAB Asset Servicing (NAS) exiting the market. NAS has referred some of its clients to Citi and gave its Australian custody client base the ...

Bell Asset Management looks to exit RE services

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... responsible entity... BAM does not intend to act as responsible entity for any funds." It added that, with NAB Asset Servicing exiting the custody market, Perpetual intends to appoint Apex as custodian, administrator, and registry for the funds from ...

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... has appointed Citi Securities Services as its new custodian after a seven-month search, breaking ties with NAB Asset Servicing (NAS) as it plans its exit. The $6.7 billion industry fund's decision to award the new mandate to Citi Securities Services ...

BNP Paribas wins UniSuper mandate

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... Paribas, which became the super fund's master custodian in 2015 when it ended a 23-year relationship with NAB Asset Servicing. "We are very pleased to expand our relationship with UniSuper," BNP Paribas head of markets and financing services, securities ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... servicing business, including helping its existing clients in selecting a new custodian. As part of an agreement, NAB Asset Servicing is referring some of its clients to Citi and giving its Australian custody client base the option to transition. Citi ...

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
The big four bank has confirmed it will close NAB Asset Servicing, following years of mandate losses. The move comes as part of the bank's ongoing strategic review, having tried to offload the business for several years now. It will be wound up ...

Assets under custody take a hit: ACSA

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... Citigroup is third but saw the largest overall drop in assets, declining 17.5% to $678.8 billion. State Street and NAB Asset Servicing round out the top five with $625.4 billion and $509.4 billion, respectively. State Street's numbers increased by ...

Custody assets reach new heights

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
... Australia and New Zealand head of securities services Nadia Schiavon said. Rounding out the top five were NAB Asset Servicing which surged 7.1% ($576.8 billion) and State Street which saw substantial growth of 18.2% ($544.5 billion). ACSA chief executive ...
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