State Street

Strategic alignment on growth and data capabilities made State Street a good fit for Australian Retirement Trust’s custody needs. Hard-earned experience with mergers helped too.

Institutional investors love private equity but it’s bringing them down. They’re sweating everything from valuations to overcrowding and “private equity bubble risk”.

Link Fund Solutions CEO Paul Khoury has been shown the door following a restructure of the business.

Australia’s last domestically-owned custodian is winding down its operations after an on-off effort to sell the business.

BNP Paribas Securities Services has gone with local knowledge and experience for the new head of its Australia and New Zealand business, appointing a 24-year State Street veteran to the role.

Philip Hope has joined specialist investment and wealth management consulting firm KONU, founded by Paul Toepfer and Greig Nicholson, as a partner.

The investment arm of State Street has forecast a bonanza ahead for environmental, social and governance (ESG) investment service providers as the sector explodes into the mainstream.

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.

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.

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.