Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Markets
09 September 2025 by Maja Garaca Djurdjevic

Lonsec joins Count in raising doubts over Metrics funds

Lonsec has cut ratings on three Metrics Credit Partners funds, intensifying scrutiny on the private credit manager’s governance and lending weight to ...
icon

Silver’s record performance riding ‘dual tailwinds’, Global X says

Silver ETFs are drawing record inflows, fuelled by strong industrial demand, gold’s upward momentum, and global interest ...

icon

Conaghan says Labor has retreated from ‘flawed’ super tax

The shadow financial services minister has confirmed Labor’s retreat from the proposed $3 million super tax, describing ...

icon

Ausbil backs active edge with new dividend ETF

The Australian fund manager Ausbil has launched an active ETF designed to provide investors with resilient income, ...

icon

Combet hails $27bn gain as portfolio shifts pay off

The Future Fund has posted a $27.4 billion increase in value to $252.3 billion, driven by strong equity markets, ...

icon

Global funds outperform as Australian equities lag benchmarks

Active fund managers in Australia face mixed fortunes as global equities and real estate outperform but domestic ...

VIEW ALL

Unisuper stays with Custodian

  •  
By Christine St Anne
  •  
2 minute read

The $21 billion industry fund remains with its custodian after a 17-year partnership.

Unisuper has reappointed NAB Custodian Services (NCS) as the fund's master custodian following a 12-month tender.

NCS will provide the $21 billion industry fund with custody and investment reporting services.

NCS has been the fund's custodian since 1991.

"It's still important to review all our supplier relationships regularly, even the long-standing ones, to ensure that they continue to deliver superior services for our members at a highly competitive price," Unisuper chief investment officer David St John said.

 
 

Over its 17-year partnership with NCS, the fund has managed to improve its unit pricing, transition management and compliance monitoring, according to St John.

"We will continue to invest in this relationship, innovating to enhance the service we deliver, while maintaining our focus on everyday fundamentals," NCS general manager Leigh Watson said.