The $1 billion aviation industry fund AvSuper has reappointed its custodian after a review by consultant Brett Elvish.

NAB Asset Servicing retains the AvSuper custody role, which it has held for about 12 years.

As reported in December, AvSuper reviewed all aspects of the custody relationship to ensure it was getting good service as well as value for money.

Elvish, through his company Financial Viewpoint, also did a review of asset consulting for AvSuper last year, resulting in the replacement of Russell Investments with JANA Investment Consulting.