The big trends: they’re all good, says State Street

Nevertheless, he thought there might be further unbundling of services and pricing on the custody/investment admin side in the future.

“We need continued transparency and unbundling (such as cash and FX services) is important… Certain parts of custody may also see some unbundling, such as performance analytics,” he said.

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Mercer Super expands into frontier market debt, builds out PE program

The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.

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