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Unisuper revamps investments with new mandates
Unisuper has changed a number of key investment mandates following a review of the fund’s portfolio designs.
Unisuper chief investment officer David St John said the specific mandate changes resulting from the review covered Australian shares, international shares and emerging markets.
In the Australian shares portfolio Unisuper awarded mandates to Quest Asset Partners ($330 million), Challenger Managed Investments ($365 million) and LINWAR Funds Management ($110 million).
In the international shares portfolio, the fund opted to be a seed investor in State Street Global Advisor’s Global Alpha Plus fund ($225 million), while in the emerging markets arena it handed mandates to Mondrian Investments ($75 million) and JF Capital Partners ($50 million).
St John said the appointments confirmed Unisuper’s commitment to supporting innovative developing managers as well as mainstream managers.
AUTHOR
Mike Taylor
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