WorkCover SA

Investment Strategy

NAB Asset Services gets HIP

National Australia Bank (NAB) Asset Services has won a custody mandate to provide administrative services for the $630-million Health Industry Plan (HIP), supplanting the incumbent provider BNP Paribas. Australia’s largest custodian bank with about $508 billion in assets under custody, NAB secured the deal after a competitive tendering process run by the fund’s consultants Jana. […]
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 […]