TelstraSuper reappoints J.P. Morgan

23 July 2020
| By Oksana Patron |
image
image
expand image

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.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 2 months ago
Kevin Gorman

Super director remuneration ...

1 year 2 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 2 months ago

The Federal Court has ordered AustralianSuper to pay $27 million for failures to address multiple member accounts....

2 days 4 hours ago

The country’s fourth-largest fund is targeting the “missing middle” of members with a new digital advice service in partnership with Ignition Advice....

3 days 2 hours ago

Where the RBA goes next is anyone’s guess, with economists and market pundits offering wildly different takes on the governor’s tone during the press conference and wheth...

3 days 3 hours ago

TOP PERFORMING FUNDS