MasterSuper gets new master custodian

 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.

 

 

, , , , , , , , , , ,

Leave a Comment

The AI boom has left super funds with nowhere to run

Whenever super fund CIOs are asked what they’re doing about AI risk, “diversifying” is always the answer. But as cross-portfolio exposures to the thematic grow and grow, that answer is no longer good enough.

Sort content by