NAB Custodian Services has picked up a key mandate, with Fiducian Portfolio Services Limited this week announcing its selection as custodian for its wrap and investment funds offerings.
The mandate was confirmed by Fiducian managing director Indy Singh, who said this week the custody mandate would cover the Fiducian Superannuation Service (FSS – a superannuation wrap service), the Fiducian Investment Service (FIS – an investment wrap service), and the 16 Fiducian Funds included in the FSS and FIS investment offerings.
He said custodial and related services would be provided through National Asset Servicing, a division of National Australia Bank.
Singh said NAB represented a strongly capitalised and experienced custodian with a local presence that could assist Fiducian to provide optimal services for its clients.
