National Australia Bank's Asset Servicing (NAS) business will provide custodial and administrative services to Australian multi-manager investor, Investment Science Asset Management.
The contract win follows a competitive tender process led by Foxrock consultants, according to NAS.
Investment Science is an Australian fund manager whose multi-manager, multi-asset class solutions are "designed for financial advisers who embrace outcomes-based planning", NAS stated.
NAS general manager business development, Boyd Lees, described Investment Science as "a high performing team - as recently demonstrated by their award as best multi-strategy fund at the Australian Hedge Fund Awards".
