The Government Employees Superannuation Board (GESB) has chosen Northern Trust to fill the mandate for global custody, fund accounting, taxation, performance measurement and attribution and associated services. more
First Derivatives, the software and consulting services provider, will expand its consulting division in Australia. more
Northern Trust has opened an office in South Korea, following the approval of its representative office application by the Financial Services Commission (FSC) last year. more
Perpetual Corporate Trust is now participating on the global Calastone network. more
The custody industry is gearing up for a busy year, with a large number of tenders expected to come to market, and the need to satisfy buy-side demand for new services relating to managing assets as well as responding to regulations promulgated within Australia and from around the world. 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
Derivatives regulators from both sides of the Atlantic have traveled to Asia in an attempt to strengthen ties with regulators in the region. more
Overlaying passive equity portfolios with a screen measuring franked dividend percentages can contribute as much as 70 basis points per year to the after-tax return of an Australian equities portfolio, according to research from Parametric. more
Thanachart Fund Management has gone live on the Charles River Investment Management Solution (Charles River IMS) and its integrated FIX Network. more
Kinetic Super has hired three new executives to their internal team, including executive officer, corporate services. more
Energy Super has appointed Mark Williamson as its new chairman. more
The Australian Institute of Superannuation Trustees (AIST) and Mercer are developing a “super-tracker” to measure costs and benefits of the superannuation system. more
What will be your firm's biggest challenge in 2015?
When President George W. Bush signed the Emergency Economic Stabilization Act of 2008 (H.R. 1424)...