7 June 2010 13:00
National AS is understood to be competing with Northern Trust to run the middle office for QIC, which is swiftly globalising in its requirements now that its major client, QSuper, is building its own investment arrangements.
Both National AS’ Leigh Watson and BNY Mellon AS’ Brian Slade refused to comment on the situation.
Leigh Watson, BNY Mellon Asset Servicing (BNY Mellon AS, National Asset Servicing (National AS), the investment administration division of National Australia Bank (NAB), executive general manager of National AS, Brian Slade, Carl Sperling, BNY Mellon AS middle office capabilities, Michael Nightingale
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
The investment intelligence behind Australia’s largest asset owners and their teams
In-depth interviews with leaders, experts and visionaries in the institutional investment community
Updates on the latest industry policy developments and regulation
The challenges and innovations of custody, technology and operational due diligence
Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
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.
Leave a Comment
You must be logged in to post a comment.