Sunsuper will not invest without middle office sign-off

Custody

Sunsuper gains $28 million from middle office sign-off on investments

Sunsuper’s move to involve its investment operations in execution and implementation of investment decisions has saved the fund more than $28 million in transaction costs over the past eight months as the fund has been transitioning its assets. Lounarda David, chief investment operations officer at Sunsuper, described the savings as “enormous”. “These savings wouldn’t have […]