Professional Associations Super (PAS) has reappointed JP Morgan as its master custodian for a further three-year term.
The company was reappointed on the basis of its strong performance in the past three years, the $1.8 billion industry fund said.
JP Morgan will continue to provide a full range of master custodian services to PAS, including accounting, custody and performance reporting.
The company was initially appointed to the role in June 2008, and the appointment is reviewed every three years.
"JP Morgan has done a great job in this role. They've built a strong partnership with us based on their proactive approach and they've contributed to the fund at a strategic level," PAS chief investment officer Paul Kessell said.
"They provide high-quality products and services, which are scalable and can grow with us. JP Morgan's breadth of experience also means they provide solutions which can handle our specific requirements."
As part of a regular review of its service providers, PAS also recently reappointed Towers Watson as the fund's investment consultant.
