Custody banks report record high assets in Australia
Contributing to the record, top provider JP Morgan surpassed $1 trillion assets under custody, becoming the first provider to do so.
Tag: Australia
State Street appointed securities services provider for AllianceBernstein’s Australian dual access ETF
Over the past year, State Street has established itself as the provider of choice for the active ETF market.
Apex Group joins contest for Mainstream and outbids SS&C
Mainstream has notified SS&C of the superior proposal, and has given the group until Thursday 6 May to match or offer more.
SS&C Technologies to proceed with Mainstream Group acquisition
The announcement follows the conclusion of Scheme Implementation Deed with Vistra, which opted not to match SS&C’s offer.
Franklin Templeton Australia adds fund range to JP Morgan’s revamped fund accounting platform
After going live last year with Fidelity International as its first client on the InvestOne platform, JP Morgan has since it migrated nine Australian clients.
SS&C Technologies sweeps in for Mainstream Group and outbids Vistra
Mainstream had previously entered a deal with Vistra as part of a $170 million deal, however it was granted a month to seek competing offers.
State Street partners with FinTech to automate onboarding process in Australia
State Street has appointed LAB Group to automate and enhance the client onboarding experience for Australian fund manager clients.
TMF Group adds to Asia-Pacific funds services team with new commercial director
TMF Group started the year with a string of appointments for its APAC fund services business in China and Singapore.
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.
Custodians see their Australian businesses rebound to end 2020
A bounce in market valuations on the back of improved market returns and ongoing client confidence helped fuel the increase in AuC in Australia.