NEW ZEALAND - The Government Superannuation Fund Authority (GSFA) has awarded JPMorgan Investor Services the global custody of approximately NZ$3.4bn ($1.4bn) assets in its Government Superannuation Fund (GSF).
The GSFA assumed management and administration of the GSF and its schemes earlier this month. Finance minister Michael Cullen said the move would improve the fund’s investment income and reduce the...
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