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Latest News: ACSA NEWS

ASSETS UNDER CUSTODY SET RECORD HIGH

Tuesday, 3 March 2020   (0 Comments)
Posted by: Kate Dent
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Sydney, AUSTRALIA – The Australian Custodial Services Association (ACSA) today released new asset servicing industry statistics for the six-months ending 31 December 2019. The figures show that the value of assets under custody for both Australian and foreign investors increased in the six months since June.

 

 

Rank

Provider

30-Jun-19

31-Dec-19

% change

1

J.P. Morgan

809.4

866.7

7.1%

2

NAB Asset Servicing

564.0

578.0

2.5%

3

Northern Trust

448.6

576.0

28.4%

4

Citigroup

506.7

575.4

13.6%

5

State Street

489.5

511.4

4.5%

6

BNP Paribas

501.0

511.0

2.0%

7

HSBC Bank

193.0

200.3

3.8%

8

RBC Investor & Treasury Services

122.5

129.3

5.6%

9

Ausmaq

58.8

64.5

9.8%

10

Netwealth

23.3

28.5

22.3%

11

BNY Mellon

28.0

24.6

-12.3%

 

Total

3,744.8

4,065.7

8.6%


* Revision to June 2019 value




 

 

ACSA Chief Executive, Robert J Brown said that total assets under custody for Australian investors jumped by 8 per cent over the last six months of 2019 to $4.06 trillion.

 

Read the media release in full here.

 

 

 


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