POWERED BY MOMENTUM MEDIA
J.P. Morgan hires new head of direct custody
J.P. Morgan Treasury & Securities Services (TSS) has appointed Bronwyn Clere as the new head of its direct custody and clearing businesses in Melbourne and New Zealand.
The direct custody business has received a management makeover after successfully migrating from ANZ Custodian Services in November last year.
Clere recently returned to Australia from Hong Kong, where she led the program function for a large financial services organisation across 15 Asia Pacific markets.
She has over 20 years experience in the industry, having held roles in executive management, operations, client service and program management in Australia, New Zealand, the United Kingdom and Asia.
Chief executive of TSS in Australia and New Zealand, Jane Perry, said Clere’s knowledge of the local market would be invaluable as the business further enhances its services in the region.
Earlier in the year, TSS appointed Wayne Francis to its management team as head of direct custody and clearing in the region, while Ben Vanden Boom joined as head of operations for Melbourne and New Zealand.
Perry said direct custody was a natural extension of the existing TSS business and should enhance both sides of the business.
AUTHOR
Ashleigh McIntyre
Recommended for you
The industry body has cautioned the government against implementing unnecessary regulations for private market investments, with ASIC currently exploring reforms in this space.
The industry fund has appointed Natalie Alford as its new chief risk officer, strengthening its executive team during a period of transformation.
The Super Members Council has outlined a bold reform plan to boost productivity, lift retirement savings, and unlock super’s full potential.
Women beginning their careers in 2025 could retire with hundreds of thousands of dollars more in super due to the 12 per cent super guarantee rate, HESTA modelling shows.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
