26 April 2011 14:00

Aurora Funds Management, which invests $550 million across six funds, will consolidate its three fund accountants into one.

The manager, which distributes funds with an alternative bent, previously used a combination of Kingsway Taitz, Adelaide-based MacKenzie Coultas and J.P. Morgan Worldwide Securities Services, which purchased previous provider ANZ Custodian Services in November 2009.

Consolidation also came to bear on Kingsway Taitz, which was sold to Dutch group TMF just a couple of months before the ANZ custody deal.

Aurora has decided to consolidate all of its fund accounting with MacKenzie Coultas, a provider originally recommended to it by its responsible entity, Equity Trustees.

Aware Super hunts hidden AI exposures as concentration concern grows

Investments

Why UniSuper’s John Pearce thinks the data centre party is winding down

Featured Homepage Posts

Rest bets on onshoring with Moorabbin Airport stake

Investments

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

Investments

As the Magnificent Seven fade, CFS looks further afield for returns

Investments

Featured Homepage Posts

Aware Super hunts hidden AI exposures as concentration concern grows

The $205 billion Aware Super says that around 15 per cent of assets in its high-growth option are exposed to the AI thematic, but says that finding the portfolio's true concentration will require looking beyond simple dollar aggregation. Head of investment strategy Michael Winchester unpacks the approach and why the fund has to be “really discerning” with where it allocates to in the future.

Darcy Song

July 10, 2026