J.P. Morgan Worldwide Securities Services has been granted a mandate to provide a range of services to a site of mutual funds launched by investment manager Capital International Research.
J.P. Morgan announced today it would be providing global custody for the administration of assets within the international equity fund and passive currency overlay services for a hedged version of the fund.
The services will be provided out of J.P. Morgan’s Sydney operations attached to the firm’s integrated global custody platform.
Dan Farmer, chief investment officer of MLC Asset Management, has detailed how its super fund allocations have evolved and whether the fund will consider investing in bitcoin.
Australia’s superannuation capital has been positioned to play a larger role in south-east Asia’s economic development under a new government-backed deal.
Superannuation funds have become the dominant force behind Australia’s private markets boom, fuelling unprecedented growth and reshaping manager operations.
Reserve Bank governor Michele Bullock has said the central bank sees private demand picking up over the next year, taking over from public demand.