cutts

Investment Strategy

ANZ loses Future Fund’s Australian custody

Northern Trust, the global custodian for the Future Fund, has delivered a body blow to ANZ Custodian Services by switching its sub-custody contract for Australian assets to an offshore-based provider, a decision which ANZ partially blames on negative publicity surrounding its equity finance business.
Hedge Funds

ANZ loses Future Fund's Australian custody

Northern Trust, the global custodian for the Future Fund, has delivered a body blow to ANZ Custodian Services by switching its sub-custody contract for Australian assets to an offshore-based provider, a decision which ANZ partially blames on negative publicity surrounding its equity finance business.
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