JP Morgan was the largest custodian in Australia with $778 billion in assets under custody at the end of 2017.
Tag: global custody
NPS will also outsource, for the first time, its middle-office processes for all of its overseas investments to State Street.
The deal marks a significant milestone for Northern Trust’s aim to grow its collective investment trust fund services business in the US.
The Chicago-based custodian will provide custody and foreign exchange services to the Misaki Engagement Master Fund.
HSBC will divide global leadership responsibilities for its securities services business.
HSBC Securities Services has emerged as one of the most-used sub-custodians for Asian and Middle East frontier markets.
Since joining BNY Mellon in the summer of last year, Charles Scharf has highlighted a number of new strategic goals for the bank.
The deal represents the latest major mandate for BNP Paribas, which has quickly become the fifth largest global custodian.
The London CIV is looking for a global custodian and depositary that can assist them investing in alternatives.
Leading custody experts from Citi, HSBC and SGSS will give an eagle-eye view of the key trends in the industry.