The head of sales and relationship management at ANZ Custodian Services, Angelo Calvitto, has moved to another custodian.
Calvitto will become senior sales and relationship manager at Northern Trust, reporting to head of the global custodian’s Australian office, Paul Cutts. Calvitto should already be well known to Northern Trust’s major southern hemisphere clients – the Future Fund and NZ Super – because ANZ is currently Northern’s sub-custodian in Australia.
Future Fund chief investment officer Ben Samild said that FY24 has been a great year for alpha creation, thanks to strong returns in equities and, unusually, across multiple hedge fund strategies all at the same time. He reflected the past few years have been “a difficult time to be an asset owner and to generate positive returns for risk assets” but the Future Fund is tracking well of its long-term mandate.
Simon Hoyle and Darcy SongSeptember 4, 2024
