NAB Custodian Services has replaced RBC Dexia Investor Services as backoffice provider for Bell Potter Funds Management’s $2.3 billion portfolio.
The mandate covers custody, unit pricing, retial registry, performance monitoring and post-trade compliance. Bell Potter Funds Management is responsible entity for the Bridgewater Pure Alpha and All Weather strategies in Australia. Head of the Bell Group, Colin Bell, said the decision to replace RBC was made by the board, with advice from a third-party consultant.
While the energy transition and critical minerals are receiving a lot of attention as important megatrends, an Investment Magazine roundtable, hosted in partnership with New Forests, has heard that natural capital is an equally crucial piece of the nature puzzle but is "underrepresented, underinvested and generally misunderstood".
Hosted by Simon HoyleDecember 6, 2024
