POWERED BY MOMENTUM MEDIA
Northern Trust extends QIC mandate
Major custodian, Northern Trust has extended its mandate with QIC Limited.
QIC announced today that it had appointed Northern Trust to provide global custody, fund accounting, taxation and associated services for its range of Australian fund products in what represents an extension of the custodian’s existing relationship with the Queensland institution.
Confirming the arrangement, QIC executive director of operations and technology, Mark McDonald said consolidating custody services with Northern Trust would assist in the provision of consistent and high-quality outcomes.
Northern Trust has been providing investment operations outsourcing services to QIC since 2011 and also provides fund administration, global custody and depositary services to QIC’s Irish domiciled UCITS product.
Recommended for you
Blue Owl Capital, a US asset manager with its eye on ‘marquee investors’ like super funds, has announced the appointment of a senior Future Fund executive as its newest managing director.
The Association of Superannuation Funds of Australia has appointed a new director representing industry funds, among a number of other appointments in recent months.
The Association of Superannuation Funds of Australia has tapped an experienced public policy executive as head of policy and advocacy.
The firm has welcomed an experienced financial services executive, who helped establish Vanguard's superannuation business, as its new chief financial officer.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment