The newly passed Investment Manager Regime (IMR) legislation will remove uncertainty and barriers for foreign investors investing in Australian funds, industry bodies around the world have said. more
Australia is proceeding towards implementation of a T+2 settlement cycle in March 2016, with industry participants focusing on operational readiness in straight through processing (STP), ASX says. more
GBST Holdings and Xchanging have formed an alliance that will match the GBST software line with the Bchanging BPO scalable processing capability. more
National Australia Bank Asset Servicing is providing tax parcel optimisation services to two superannuation funds. more
Transition management services in Australia are evolving, impacted by cost, efficiency and transparency demands, and changing to meet the needs of increasingly larger clients more
The Basel Committee’s proposed non-internal model method (NIMM) for calculating counterparty credit risk exposures is a departure from the current standard and groups trades in narrow hedging sets, according to Jean-Marc Schwob, product manager, Adaptiv, at Sungard. more
The Financial Markets Authority (FMA) of New Zealand has created the role of director of markets oversight, and made several other changes to its executive team. more
Brambles has appointed Deutsche Bank as depositary bank for its noncapital raising sponsored Level I American Depositary Receipt program. more
Only a small percentage of funds managed by Australian asset managers are being managed on behalf of non-Australian clients, but BNP Paribas Securities Services expects that figure to rise. more
Superannuation funds will have to comply with SuperStream in less than two weeks more
AUSCOAL Super has reappointed J.P. Morgan as its custodian, the fund has announced. more
The Victorian Funds Management Corporation (VFMC) has appointed State Street as custodian and administrator, replacing NAB Asset Servicing after 21 years.
What will be the main change to your collateral management model?
When President George W. Bush signed the Emergency Economic Stabilization Act of 2008 (H.R. 1424)...
CURRENT ISSUESpring 2015