MasterSuper fund, Perth, Australia, hired JPMorgan Worldwide Securities Services as its master custodian.
BNP Paribas Securities Services had been master custodian of the A$750 million (US$577 million) fund for current and former employees of the Elders Futuris group. The change followed an internal review process.
Mark Sladden, CEO of MasterSuper, previously said the fund does not speak to the press.
Michael Bailey is editor of Investment & Technology in Sydney.
