Investment Science Asset Management

Investment Strategy

Magellan goes with Northern Trust

Listed-fund manager Magellan Asset Management has cited experience with Ireland’s Undertakings for Collective Investment in Transferable Securities (UCITS) framework as a key reason in the appointment of Northern Trust as its new custodian. Northern Trust was appointed after a competitive process, replacing former custodian Merrill Lynch. Magellan, which has around US$6.7 billion in funds under […]
Investment Strategy

NAB Asset Servicing wins two more mandates

National Australia Bank’s Asset Servicing business continues to win mandates from mid-ranking fund managers with the announcement of two new contracts with investment manager, Atrium Investment Management, and Fitzpatrick Private Wealth. NAB AS will provide administrative services to Atrium, a Sydney based multi-asset manager with just over $600 million in funds under management. Fitzpatricks is […]
Investment Strategy

NAB Asset Servicing wins ISAM mandate

National Australia Bank’s Asset Servicing business has added another $300 million to its assets under custody after winning a contract with Adelaide-based fund manager, Investment Science Asset Management. The mandate win comes after a competitive tender process from Investment Science, undertaken by consultants Foxrock, and is the NAB’s second mandate from a mid-ranking fund manager […]