CMSF
Robotics chief envisions workforce freed up to innovate
AI will bring down costs and change the super industry workforce for the better, JPMorgan robotics official Tancy Tan says.
Meredith BoothMarch 15, 2018
jpmorgan
Hedge Funds
Internal management to become the norm at large funds
No pension fund in the world has yet insourced the entirety of its fund management or is planning to do so, shows analysis from JPMorgan. Benjie Fraser, managing director and global pensions executive at JPMorgan, speaking at an Investment Management Consultants Association (IMCA) seminar tracked the steady growth in the world’s largest pension funds to […]
David RowleyNovember 10, 2014
Investment Strategy
Magellan goes with Northern Trust
Listed-fund manager Magellan Asset Management has cited experience with Ireland’s Undertakings for Collective Investment in Transferable Securities (UCITS) framework as a key reason in the appointment of Northern Trust as its new custodian. Northern Trust was appointed after a competitive process, replacing former custodian Merrill Lynch. Magellan, which has around US$6.7 billion in funds under […]
I & T NewsFebruary 12, 2013
Investment Strategy
Bryan Gray’s flexibility at JPMorgan
Bryan Gray, in charge of JPMorgan’s custody sales and customer relationships in Australia and New Zealand, has three women working flexible hours for him as relationship managers. By lore, relationship managers are on call 24 hours a day, seven days a week. But Gray seems remarkably liberal about working hours. “They have great relationships with […]
I & T NewsJune 8, 2012
Investment Strategy
War on faxes
JPMorgan is seeking to do away with faxes. The bank’s asset-management clients are being encouraged to adopt computer-based automated fund-transaction technology called fund order routing and settlement services. Since March 12, JPMorgan clients with 400 investment accounts have been using the technology instead of writing a fax to the bank’s custodial department to buy or […]
I & T NewsJune 8, 2012
Investment Strategy
NAB’s Watson says local strength attracts clients
Leigh Watson, executive general manager for asset servicing at National Australia Bank, is filling a page with doodles with his employer at the centre. Watson, head down, drawing neat boxes on the paper in front of him, rejects suggestions Australia’s biggest custodian is losing its grip on its customers following decisions by QSuper and SunSuper […]
I & T NewsMay 18, 2012
Investment Strategy
Opinion: Finance and the greater good
Until last week I had never heard the words “greater good” come out of the mouth of someone in finance. “Doing good” was defined bizarrely by one person, who will remain nameless, as ensuring asset managers paid the least for their trades. The general partners at venture capital firm OneVentures define “the greater good” as […]
I & T NewsApril 2, 2012
Investment Strategy
State Street custody juggernaut rolls on
In 2009 Ian Martin was put in charge of State Street custody business. The Boston-based firm wasn’t happy with the way that business was performing in Australia. Three years later in the “Balmoral” conference room at State Street’s Sydney offices on George Street, Martin and his head of sales Greg O’Sullivan can barely contain their […]
I & T NewsApril 2, 2012