ING mandate to Plato

Mike Taylor

Emmanuel Calligeris

Australian-owned funds manager Plato Investment Management has picked up a key mandate from ING, being appointed the company’s OptiMix Multi-Manager Australian equities manager.

The mandate was announced this week and will see Plato join Ausbil Dexia, Barclays Global Investors, ING Investment Management, Orion Asset Management and Tyndall on the OptiMix Australian shares portfolio.

The appointment of Plato has been at the expense of 452 Capital.

Commenting on the mandate, ING Investment Management head of portfolio solutions Emmanuel Calligeris said the long-short strategy focus of Plato would provide excellent diversification benefits to the Australian equities portfolio during the current period of volatility.

24 June 2008

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