Equity Trustees, an Australian trustee company, has appointed State Street for custody and investment administration services for funds managed by Equity Trustees Wealth Services Limited. State Street will provide custody, fund accounting, regulatory reporting, compliance and tax services across a range of managed investment schemes and trusts.
Category: State Street
State Street hires HSBC’s Cara Brosnan to head sector solutions for Aus & SE Asia
State Street has hired Cara Brosnan as head of sector solutions, Australia and Southeast Asia, a newly created role. Brosnan is based in Sydney, and leads sales across all of State Street’s products and client sectors including asset managers, asset owners, insurance, official institutions and alternatives in Australia and Southeast Asia. She reports to Jason…
David Suetens steps back from Lux role with State Street
After seven years at State Street, David Suetens has decided to take a step back, “for personal reasons”. Suetens will be replaced in his role as head of State Street’s Luxembourg businesses by Eduardo Gramuglia Pallavicino, but will continue in his role as a supervisory board member and chair of the risk committee of State…
Petroleum Development Oman hires State Street
State Street has been appointed by the Omani Staff Pension Fund for Petroleum Development Oman to provide custody and investment servicing solutions for >USD2.3bn AuM. PDO has been a client of State Street Global Advisors for several years, and this mandate represents a new collaboration for one of Oman’s largest private sector employers with State…
State Street launches peer-to-peer sec lending platform
State Street has launched Direct Access Lending, a securities finance product that enables direct, principal loans between its lending and borrowing clients. The new managed peer-to-peer product will leverage both its agency lending and enhanced custody product. The product offers a seamless peer-to-peer model, supported by the operational efficiency and expertise of a managed securities…
State Street hires Bob Dollard as head of U.S. asset owner rel mgt
State Street has hired Bob Dollard as head of U.S. asset owner relationship management. He reports to Rob Baillie, the recently appointed head of North American asset owners. Dollard joins from BNY Mellon, where he was U.S. segment head for the public fund, Taft-Hartley, and the outsourced business.