ESI issues five new mandates

29 July 2010 | by Mike Taylor

Energy industry fund ESI Super has awarded five new Australian equities mandates.

The fund announced today that it had awarded the mandates to Balanced Equity Management, Greencape Capital, Hyperion Asset Management, JF Capital and Legg Mason.

The mandates were announced by ESI Super chief executive Robyn Petrou, who said they reflected the fund’s growing size and internal expertise.

Announcement of the mandates follows confirmation that ESI Super would be moving to merge with SPEC Super to create a $3.4 billion fund.

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