Stalwart of Australian custody industry and JP Morgan securities services exec retires
The former JP Morgan and State Street securities services veteran has retired after 32 years in the Australian asset servicing industry.
Tag: superannuation
State Street converts Rest Super to full front-to-back office servicing client
State Street continues to bolster its impressive list of clients that are using the Boston-based custodian for full front-to-back office services.
Custody
Fireside Friday with… Citi’s Martin Carpenter
The acquisition of RBC’s Australian custody business has changed Citi’s position in the market and expanded its offering to a broader mix of clients, according to Martin Carpenter, head of securities services at Citi Australia.
JP Morgan wins AUS$16bn mandate in renewed global custody drive
The mandate comes as JP Morgan renews its focus on global custody after undergoing a strategic review of its securities services business in the region.
JP Morgan re-appointed global custodian for AUS$21 billion super fund
The US bank has established itself as the largest custodian in Australia, servicing around AUS$866.7 billion in assets as of the end of 2019.
Australian SuperFund defers custodian transition due to Coronavirus
The $35 billion super fund decided to defer the move from a ‘risk management perspective’, given the extreme market volatility caused by the COVID-19 virus.
Australia’s UniSuper instructs BNP Paribas to suspend securities lending programme
UniSuper said the decision is aimed at curtailing the amount of short selling that has been sparked by the pandemic.
BNY Mellon selected as technology partner for $65 billion Australian Super fund
Asset owners have increased demands for technology solutions and near real-time data to support their in-house active investment operations.
Australian superannuation fund reappoints JP Morgan custody deal after tender process
JP Morgan continues to cement status as largest asset servicer in Australia with key extension of AUD$12 billion super fund.
Northern Trust secures major superannuation custody mandate
Superannuation fund owned by the Government of South Australia selects Northern Trust for custody mandate.