Article published by: Investor Strategy News on March 20, 2016.

The latest custody tender battle – that for the assets of the Crown Financial Institution (CFI) in New Zealand – has ended in victory for the incumbent, JP Morgan. The assets under administration total $NZ6 billion ($A5.37 billion).

The Investment Operations Conference that took place last week on 24 February in Sydney, Australia brought together those shaping the evolution of investment operations for Australian institutional investors.

The conference included Adam Zani, Thomas Murray's Director for Australia and New Zealand, who was a panellist at the event talking on the subject of the evolving role of the Custodian Bank. 

Thomas Murray spoke to John van Verre about HSBC's move to launch a US direct custody and clearing model - what it means for the bank and its clients, how it aids with regulatory challenges in the custody industry and what it means for HSBC in the US.

GCF spoke to Penelope Biggs, Head of Institutional Investor Group - EMEA at Northern Trust, on the key custody trends we can expect to see in 2016, at the 2015 Global Custody Forum in London.

GCF spoke to Sonia Maloney, COO at Norrep Capital Management, on the needs of the Asset Management Community from the Custody side, at the 2015 Global Custody Forum in London.

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