Print Page   |   Contact Us   |   Sign In   |   Register
Latest News: ACSA NEWS

Custody sector continues march above $3 trillion milestone: New ACSA Stats

Monday, 2 October 2017   (0 Comments)
Share |

 

New statistics released today by the Australian Custodial Services Association (ACSA) showed that the amount of total assets under custody grew by a solid 6.4 per cent in the first half of 2017.

 

Consistent with the growth in total assets under custody, the amount of overseas client
investment into Australia (assets held in sub-custody arrangements) grew by 5.7% over the first
half of 2017. This figure reflects the growing attractiveness of Australia as an investment
destination for foreign asset owners.


The new figures represent continuing growth from the second half of 2016, when total assets
under custody (AUC) crossed the $3 trillion milestone for the first time

 

ACSA publishes industry statistics twice a year to provide insights into financial market conditions, asset shifts and major asset servicing mandate wins and losses.


J.P. Morgan remained the largest overall provider in the Australian custody market for the third time running, followed by NAB Asset Servicing, BNP Paribas, State Street and Citigroup.

 

Click here to read the media release in full.

 

View the latest statistics here.


Association Management Software Powered by YourMembership  ::  Legal