Custodian, consultant & managers
The appointment of specialist investment advisers & managers provides our members with access to some of the most experienced leaders in the market.
BNP Paribas Securities Services (BNP Paribas), a wholly owned subsidiary of the BNP Paribas Group, has been legalsuper’s custodian since November 2010. BNP Paribas is a leading global custodian and securities services provider. They provide multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers.
With local expertise in 36 countries and a global reach covering 90+ markets, their network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide. For legalsuper, BNP Paribas provides safe custody services, calculates unit prices of investment options, and provides investment performance reporting and analysis.
Willis Towers Watson
Willis Towers Watson has been legalsuper’s asset consultant since April 2013. It is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees in more than 140 countries. It provides independent expert investment advice to the Board and Investment Committee.
Thirty-one specialist investment managers have been appointed* to manage the assets invested with legalsuper. In making these appointments, the Board has regard to the advice of its asset consultant (Willis Towers Watson) and other investment consultants. Investment managers at 30 June 2019 were:
*Investment manager exposures may change from time to time at the discretion of the Trustee. This listing excludes investments that are made by the member in the Direct Investment option.