1 November 2010 14:00
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.
Global equities have driven most of MLC’s FY26 return so far, but its exposures to insurance-linked securities and “esoteric” credit have also put in the hard yards and helped the fund diversify beyond the AI thematic, according to chief investment officer Dan Farmer.
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