MMC

Investment Strategy

Telstra Super retains NAB as custodian

Martin Crowe, chief executive at Telstra Super, said the decision to remain with NAB had been made after an extensive review of the fund’s custodial needs. “They know us and our members well,” said Crowe, whose fund has 100,000 members. Christina Liosis, Telstra Super’s chief financial officer, citied the strength of the NAB balance sheet […]
Investment Strategy

NAB gains custody deals in the Bight and in NZ

WorkCover SA and Suncorp in New Zealand have signed National Australia Bank (NAB) for custodial services following recent tenders. NAB and fund administrator MMc Ltd gained Suncorp’s New Zealand business, which provides general and life insurance, banking, superannuation and investment services, in a strategic partnership, according to a June 27 NAB statement. NAB, which is […]