POWERED BY MOMENTUM MEDIA
UBS sticks with NAB Asset Servicing
NAB Asset Servicing has won a mandate to broaden one of its long-term client’s custody contracts, extending the relationship it has with UBS Global Asset Management for another three years.
NAB Asset Servicing has provided custodial support and services to UBS in Australia since 2004. The firm’s ability to provide tailored solutions into the future featured in its re-appointment, according to NAB Asset Servicing executive general manager Christine Bartlett.
UBS managing director for Australia and New Zealand, Ben Heap, said it made sense to choose a local custody player whose suite of services - including its proprietary unit registry system, accounting and tax services - fitted with its requirements.
“The local presence of the NAB team plays a pivotal role in our queries being answered quickly and readily,” he said.
Late last month Suncorp extended the relationship it has had with NAB Asset Servicing since January 2012 to include international custody and investment administration services.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Over 90 finalists have been chosen to compete at the 36th annual Fund Manager of the Year Awards.
The asset manager is bolstering its investments in the global energy transition and climate opportunities.
The ethical investment manager has reported record FUM as its growth trajectory continues apace.
The chief investment officers of UniSuper, HESTA, and TelstraSuper have elaborated on opportunities and risks that are top of mind when it comes to illiquid assets like private credit within their portfolios.
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
62.62 3 y p.a(%)
3
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.95 3 y p.a(%)
4
Acadian Global Equity Long Short Class A
32.82 3 y p.a(%)
5
CFS FC Acadian Global Equity Long Short
32.44 3 y p.a(%)
Add new comment