11/05/2009
The $750 million Perth-based MasterSuper fund is understood to have changed master custodians from May 1.
The 12,500-member fund for current and former employees of the Elders Futuris group is understood to have transitioned from BNP Paribas Securities Services to JPMorgan Worldwide Securities Services, following an internally-run review process.
The CEO of MasterSuper, Mark Sladden, has previously said the fund does not speak to the press.
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Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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