David Braga

Custody

ACSA’s stronger super task force win awards

Four individuals have been recognised by the Australian Custodial Services Association (ACSA) for outstanding contributions to custody and investment administration. The 2014 ACSA award winners are: • Marian Azer, head of global funds services, product for J.P. Morgan Investor Services Australia and New Zealand • Daniel Cheever, vice president and head of superannuation of State […]
Custody

APRA lambasted over cost of compliance

APRA came under fire from speakers at the Investment Administration Conference for the cost and impractical nature of  much of the compliance with new regulation. On a panel session on the subject of Stronger Super held in Sydney on February 12,  APRA general manager Greg Brunner, heard of the stress that compliance was causing for […]
Investment Strategy

Braga: industry has climbed mountain

The superannuation industry climbed a mountain in meeting new reporting requirements in 2013 and can do the same again in 2014. David Braga, chair of the Australian Custodial Services Association, attributes the success to close co-operation between funds providers and APRA. “The initial (reporting requirements) draft that APRA issued at the end of 2012 was […]
Investment Strategy

OPAL, the online analytics gem

JP Morgan’s Australian custody business has launched an online analytics tool for superannuation funds to meet the Australian Prudential Regulation Authority’s new risk-management disclosure standards. The Online Portfolio Analytics Lab (OPAL) uses portfolio-analytics tools to help institutional investors comply with industry guidance on the disclosure of investment risk under APRA’s Standard Risk Measure classification system. […]
Investment Strategy

Solomon to take charge of Mercer Sentinel

Robin Solomon will lead the Asia-Pacific business of Mercer Sentinel following a seven-month period in which six staff members, including principals and senior associates, exited. Solomon, a Sydney-based principal with the investment operations consultancy, will replace Lounarda David, who led Sentinel for 13 years before leaving in late April, as new hires are made to […]