11 May 2009 13:00
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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The Future Fund delivered a 14.8 per cent one-year return to June 30, 2026, attributing the return to a combination of exposure to commodities, geographic diversification, an increased focus on active management and low exposure to bonds. Newly minted chief investment officer Richard Brandweiner also highlighted strong performance in emerging markets.
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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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