Sort By
  • Newest

  • Newest

  • Oldest

  • Author Name

  • Author Name

  • David Chaplin

  • Drew Meredith

  • Giselle Roux

  • Greg Bright

  • James Dunn

  • Lachlan Maddock

A ‘Cambrian explosion’ of assets: why State Street went digital

While institutions are yet to make the jump into cryptocurrencies, State Street’s move to launch its first new division in 40 years shows that a whole new universe of assets is here to stay. “It’s very hard to find somebody that’s neutral about cryptocurrencies,” Nadine Chakar, global head of State Street Digital, told ASI on…

Lachlan Maddock | 17th Jun 2022 | More
Funds eye a ‘polar vortex’ of volatility

We’re now living through the end of a three or four decade long secular trend, and the strategies that have worked for super funds might no longer be as effective. But that’s what makes the job fun. It’s not taken long for big investors to come to terms with what’s happening in the markets. While…

Lachlan Maddock | 15th Jun 2022 | More
Unpredictable, not uninvestable: emerging markets no lost Paradice

As Paradice’s emerging market equities strategy hits its three-year anniversary, the outlook for the asset class has never been more uncertain. But the local institutional appetite is voracious. From Covid to Common Prosperity, emerging markets have been roiled by upheaval in the last two years. And Russia’s invasion of Ukraine sent global markets into the…

Lachlan Maddock | 18th May 2022 | More
  • Sovereign wealth funds ditch EM in risk rethink

    The appetite for risk assets is turning negative, and the world’s largest investors are scurrying away from emerging market equities and debt amidst a rising tide of woe. Few would have predicted that the initial Covid market crash – in which it was determined, once and for all, that the windows on Wall Street don’t…

    Lachlan Maddock | 27th Apr 2022 | More
    ‘You want to be on the right side of it’: State Street prepares for a post-YFYS world

    As merger activity continues apace, State Street – armed with its “unique” front-to-back solution – intends to take a dominant position as custodian of choice for the biggest end of town. The super industry and its custodians are now exiting a period of relative stability. The number of funds has more than halved in the…

    Lachlan Maddock | 11th Mar 2022 | More
    HSBC talks re-open old NAB wound

    Rumoured talks between NAB Asset Servicing (NAS) and HSBC have re-opened the possibility that Australia’s last homegrown custody business will finally close its doors. The latest rumour circulating through Australia’s tight-knit asset servicing industry is that HSBC is pitching to negotiate the potential transfer of NAS’ 30 largest clients to its business, while NAS would…

    Lachlan Maddock | 9th Mar 2022 | More
  • HSBC recruits for major move on custody

    HSBC has recruited a State Street custody veteran as part of a long-planned expansion of its own business. Sinclair Scholfield has been appointed head of sales and client management for HSBC’s Securities Services business in Australia and New Zealand. Scholfield spent the last 18 years at State Street, where he was most recently head of…

    Lachlan Maddock | 2nd Mar 2022 | More
    Big departures in custody world

    BNP Paribas is to lose its head of securities services for Australia and New Zealand and State Street is losing three senior executives in unrelated developments which emerged last week. David Braga, the chief executive of BNP Paribas Securities Services, Australasia, has resigned and will leave the organisation at Christmas. He is currently continuing at…

    Greg Bright | 3rd Dec 2021 | More
  • State Street’s structural shift to country CEOs

    After a lengthy search, State Street has appointed a country head for Australia as part of a progressive restructure designed to move away from a business unit focus to a more holistic approach. Tim Helyar has been recruited from J.P. Morgan, where he has spent the past 18 years, most recently as head of fund…

    Greg Bright | 22nd Oct 2021 | More
    September curse strikes, correction talk grows

    September has historically been a bad month for markets, and it could be about to get worse. But then again, talk is cheap. Everybody in equity markets knows that September is the cruellest month, to paraphrase Elliot.Nobody really understands why it happens (theories range from tax-related selling to seasonal behavioural biases) but it happens. The…

    Lachlan Maddock | 23rd Sep 2021 | More
    1 2 3