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.
27 February 2007 00:00
registry, entity, replace, bridgewater, strategies, colin, alpha, compliance, performance, consultant, potter, monitoring
Investments
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
Leave a Comment
You must be logged in to post a comment.