Funds SA appoints Northern Trust
July 15, 2019
Northern Trust Bank Building, Chicago, IL (Photo thanks to Flickr user Zol87, available under by-sa v2.0)

Funds SA, the investment management corporation owned by the Government of South Australia, has appointed Northern Trust to provide a master custody solution including asset servicing, investment administration and investment data services, following a competitive tender process.

Funds SA invests over AU$34 billion on behalf of South Australia's public sector pension and superannuation schemes and approved authorities, and manages a number of external investment mandates across a diverse range of asset classes and geographies.

Angelo Calvitto, Northern Trust country executive, Australia, said: "We are delighted to be working with Funds SA to support their growing business and enable them to focus on their core investing activities.

"As institutional investors look to enhance their operating models to meet their investment needs, they require a global asset servicing partner with local insights and expertise. They also want to work with an organization that delivers a high-level of client service, supported by leading-edge technology."





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Funds SA, the investment management corporation owned by the Government of South Australia, has appointed Northern Trust to provide a master custody solution including asset servicing, investment administration and investment data services, following a competitive tender process.

Funds SA invests over AU$34 billion on behalf of South Australia's public sector pension and superannuation schemes and approved authorities, and manages a number of external investment mandates across a diverse range of asset classes and geographies.

Angelo Calvitto, Northern Trust country executive, Australia, said: "We are delighted to be working with Funds SA to support their growing business and enable them to focus on their core investing activities.

"As institutional investors look to enhance their operating models to meet their investment needs, they require a global asset servicing partner with local insights and expertise. They also want to work with an organization that delivers a high-level of client service, supported by leading-edge technology."



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