POWERED BY MOMENTUM MEDIA
Telstra Super initiates custody review
After more than 20 years of utilising NAB Asset Servicing, bit corporate super fund, Telstra Super has declared it is reviewing its custodian arrangements.
The custody review was confirmed this week by Telstra Super chief financial officer, Paul Curtin.
Curtin said the fund was undertaking the exercise on the basis of regularly reviewing service providers to ensure best practice service standards and efficient pricing.
He noted that NAB had been Telstra Super's custodian for over 20 years.
Recommended for you
Australia’s second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region.
A member of the super fund has approached ASIC to investigate potentially misleading or deceptive representations by UniSuper regarding the holdings of its sustainable portfolios.
The median growth fund delivered 1.9 per cent in March, adding to the “stunning” rally that has seen super funds gain 11 per cent since November.
Vanguard has affirmed its support for the current super performance test, emphasising the importance of keeping the process straightforward.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment