MLC MasterKey Business Super has won the right to provide corporate superannuation services to two Western Australian mining companies.
The two new mandates with drilling contractor Swick Mining Services and iron ore producer Atlas are worth over $10 million in combined funds under management.
MLC MasterKey Business Super general manager Michael Muholland said the combined resources of MLC and NAB Wealth meant the fund could put together "competitive deals that are catered to each company's needs and wants".
He added that MLC MasterKey offered insurance benefits, financial education, a rewards program and a medical service for members under 65 who hold income protection insurance.
"MLC MasterKey Business Super is the superannuation plan for employers who view their corporate super plan as more than just a compliance exercise, but instead as a real benefit for their employees," Mulholland said.
Equity markets have surged ahead of fundamentals as institutional investors fall behind, according to Ten Cap Alpha Plus.
Local investors are leading the region in plans to boost private market exposure, as demand grows for innovative fund structures, resilient investments, and a more selective approach to alternatives.
Research shows institutional investors are increasingly turning to private credit, but the APAC region’s relatively small market size remains a key constraint.
The global financial platform has completed a Series F funding round, with superannuation funds participating in the round.