MELBOURNE, Australia–(BUSINESS WIRE)–Northern Belief (Nasdaq: NTRS) at the moment introduced that it’s going to present asset servicing options, together with international custody, fund administration and portfolio analytics providers, to Equip Tremendous, a frontrunner within the Australian Superannuation trade. The transition of providers took impact on 2 April 2024.
Headquartered in Melbourne, Australia, Equip Tremendous presents tremendous, monetary recommendation and pensions to greater than 140,000 members throughout Australia. As of 31 March 2024, Equip Tremendous has roughly AU$34 billion in funds beneath administration.
The choice by Equip Tremendous to pick out Northern Belief underlines our dedication to Australia and is a testomony to the breadth of our expertise and experience in offering asset servicing to Australian superannuation funds, stated Leon Stavrou, Nation Govt Australia and New Zealand, Northern Belief. We perceive the distinctive wants of this trade and sit up for constructing our relationship with Equip Tremendous as they proceed to develop.
Amidst a altering working inhabitants in Australia and a quickly evolving monetary panorama worldwide, superannuation funds might face rising strain to ship worth whereas assembly member expectations. In recent times, Equip Tremendous has been concerned in a number of successor fund transfers within the superannuation trade and continues to search for new progress alternatives. Equip Tremendous was searching for a companion that would allow them to scale successfully whereas offering its members with a constant service expertise.
We selected Northern Belief as our new custodian primarily based on their international providers and product providing and aggressive charges. They proved to be one of the best match to allow us to fulfill our Fund’s strategic goals and supply one of the best monetary curiosity to our members, stated Marc Pizzichetta, CFO of Equip Tremendous.
Northern Belief has a longtime community of workplaces throughout Asia Pacific in Beijing, Bengaluru, Hong Kong, Kuala Lumpur, Manila, Melbourne, Pune, Singapore, Sydney and Tokyo. It has robust relationships with a few of the area’s largest central banks, sovereign wealth funds, authorities businesses, firms and asset managers, providing a complete vary of personalized asset servicing, asset administration and capital markets options.
About Equip Tremendous
Equip Tremendous manages $34 billion for over 140,000 members throughout each Equip Tremendous and Catholic Tremendous. Equip Tremendous is a frontrunner within the superannuation trade in bringing funds collectively by way of profitable successor fund transfers and continues to search for new alternatives to develop the fund.
Throughout Equip Tremendous and Catholic Tremendous, we service employers and members from the power, sources, water, infrastructure, manufacturing, training, well being, authorized and providers sectors. Equip Tremendous is an trade tremendous fund, working accumulation, outlined profit and pension plans. Our key goal is to ship one of the best retirement final result doable for members, whereas working as a trusted companion for taking part employers.
Equipping members at the moment, so that they’re prepared for tomorrow.
About Northern Belief
Northern Belief Company (Nasdaq: NASDAQ:) is a number one supplier of wealth administration, asset servicing, asset administration and banking to firms, establishments, prosperous households and people. Based in Chicago in 1889, Northern Belief has a world presence with workplaces in 24 U.S. states and Washington, D.C., and throughout 22 places in Canada, Europe, the Center East and the Asia-Pacific area. As of March 31, 2024, Northern Belief had belongings beneath custody/administration of US$16.5 trillion, and belongings beneath administration of US$1.5 trillion. For greater than 130 years, Northern Belief has earned distinction as an trade chief for distinctive service, monetary experience, integrity and innovation. Go to us on northerntrust.com. Comply with us on X (previously Twitter) @NorthernTrust or Northern Belief Company on LinkedIn.
Northern Belief Company, Head Workplace: 50 South La Salle Avenue, Chicago, Illinois 60603 U.S.A., included with restricted legal responsibility within the U.S. World authorized and regulatory data may be discovered at https://www.northerntrust.com/terms-and-conditions.
View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20240520460218/en/
Media Contacts
Europe, Center East, Africa & Asia-Pacific:
Camilla Greene
+44 (0) 20 7982 2176
Camilla_Greene@ntrs.com
Simon Ansell
+ 44 (0) 20 7982 1016
Simon_Ansell@ntrs.com
US & Canada:
John O’Connell
+1 312 444 2388
John_O’Connell@ntrs.com
Supply: Northern Belief Company
