Australia’s Sunsuper, the $18 billion super fund, has appointed State Street Global Services (SSGS) as custodian, Financial Standard reports. SSGS will also provide solutions and investment servicing for the local market.
SSGS’ custodial and administration services will include unit pricing, compliance monitoring, performance reporting, alternative asset reporting, and tax and accounting services. SSGS provides custody services globally to super funds and locally to Rest, an industry superannuation fund open to all Australians, and Non-Government Super, along with Sunsuper.
Click here for the story from Financial Standard.