QIC mandate for State Street
Institutional investment house Queensland Investment Corporation (QIC) has appointed State Street to provide investment services to its new Irish-domiciled qualified investment fund (QIF).
Under the mandate, State Street will provide custody, fund administration and performance and analytics services for QIC.
QIC announced the establishment of the QIF earlier this year as a means of making its Global Fixed Interest Alpha Fund available to investors outside of Australia.
AUTHOR
Mike Taylor
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