Australian investors lag behind the global trend for passive funds and are playing catch up on ESG, Calastone research shows
The shift in investor preference for passive funds over active funds continued inexorably over the last two years, Calastone research shows.
The Carlyle Group to acquire Calastone
Calastone announce that The Carlyle Group has today reached an agreement to acquire a majority stake in the business from its current shareholders.
Calastone inks JP Morgan deal
JP Morgan Asset Management’s trading and analytics platform is set to be powered by the automation capabilities of Calastone.
Calastone records largest ever outflows from Australian funds as investors react to COVID-19
Over A$11.8 billion flowed out of Australian funds during March, the sharpest redemptions surge ever recorded across the Calastone network in Australia.
Calastone builds scale for reporting solution that reconciles investor holdings across funds and platforms
Calastone continues to enhance the benefits of automation across Australia’s managed funds sector as industry participation for its reporting solution grows
Calastone adds OneVue, Mainstream and over 30 fund managers for faster, safer transfers processing
Calastone announced that two of Australia’s largest registry businesses and their fund manager clients have connected to its network.
ASX beaten to the blockchain punch by UK group Calastone
The ASX’s distributed ledger for clearing the equities market will no longer be the first time local fund managers rely on a blockchain to process their trades, after British-based Calastone revealed it will switch on its own distributed ledger technology (DLT) in May. Calastone, whose systems automate 80 per cent of Australian institutional fund flows, will beat the ASX by two years to powering on a system promising unquantified cost savings for global investors. ASX is due to belatedly switch on its blockchain, which will replace CHESS, in March or April 2021. Calastone’s software, which manages back-office processes, is used by 95 per cent of Australia’s managed fund platforms and […]
