POWERED BY MOMENTUM MEDIA
Northern Trust wins JCP Investment Partners mandate
Custodian Northern Trust has picked up a new mandate – Australian-focused equities manager, JCP Investment Partners.
Northern Trust announced today that it had been retained by JCP following a competitive tender process for the provision of global custody, fund administration and associated services for its range of Australian fund products.
It said the mandate built on the existing relationship between JCP, Northern Trust, and mutual institutional clients for which JCP act as investment manager.
JCP chief operating officer, Nancy Day said the company was pleased to appoint Northern Trust to service its wholesale funds and recently launched retail funds.
“We are confident in their ability to provide the strong operational support necessary to facilitate the delivery of high quality services to our clients,” she said.
Northern Trust head of global fund services for Asia-Pacific, Peter Jordan pointed to the firm’s growing fund manager client base in Australia and the requirement for an efficient operating platform.
“As a provider with a global reach and local expertise, Northern Trust is well placed to support JCP through our ongoing investment in our technology, people and local infrastructure,” he said.
Recommended for you
The world’s largest wealth manager remains overweight on US stocks spurred on by AI, but is taking a “granular” approach when assessing trade war damages.
Australia’s investment sector has averaged just 31 per cent alignment with mandatory climate reporting rules, new research has shown.
August is shaping up to be an “eventful” reporting season as high valuations clash with low expected earnings growth, according to MLC.
New data suggests private market performance far exceeded public equities in Q1 2025.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
