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.
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Investments
Ian Patrick, chief investment officer of the $370 billion Australian Retirement Trust, says that integrated balance sheet management will “beyond a shadow of a doubt” become a more prominent feature in the superannuation industry as funds grapple with the compounding effects of their growing size, systemic importance and the liquidity needs of servicing a larger cohort of retirees.






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