NAB has extended its asset servicing partnership with fund manager, Perennial Value, to include providing unit registry services inclusive of call centre and digitised client connectivity following an operating model review.
Executive general manager of NAB Asset Servicing, John Comito, said the bank was excited to demonstrate its extensive operating model expertise within its client solutions framework.
Perennial Value’s executive director, Anthony Patterson, said the bank’s asset servicing function had been a key business partner for over a decade, and its service delivery supported the fund manager’s focus on investing.
“Arising from this initiative we have streamlined many of our operating settings and have benefited from capability uplift,” he said.
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.