POWERED BY MOMENTUM MEDIA
TelstraSuper reappoints J.P. Morgan
TelstraSuper has extend a mandate for J.P. Morgan to be its full-service custodian for another five years following the evaluation that the firm was best placed to meet its $21 billion fund’s increasing needs, it said.
TelstraSuper’s head of investment operations, Miles Mallick, said that one of the reasons for reappointment was JP Morgan’s emphasis on delivering a consistent data model and the firm’s focus on service delivery.
“We are delighted that TelstraSuper has reappointed J.P. Morgan as its custodian,” Nadia Schiavon, head of securities services, Australia and New Zealand at J.P. Morgan, said.
“We have a long and successful partnership and look forward to further developing this relationship over the next five years. J.P. Morgan understands the significance of delivering scale and efficiencies to our clients through global integration, which ultimately delivers value for their members.”
Recommended for you
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The fund has announced new additions to its trustee board.
Brighter Super has confirmed an executive search is underway to succeed its long-serving chief financial officer Garnett Hollier.
The research house has hired an experienced product specialist for its Australasian team.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
36.43 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
35.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.72 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
27.64 3 y p.a(%)
