Bennelong Australian Equity Partners (BAEP) has picked up a key mandate, being appointed AMP Capital Investors Future Direction Australian Share Fund’s Australian equities mandate.
BAEP said it had been appointed to manage 14 per cent of the fund’s portfolio alongside AMP Capital Investors, BlackRock, Ausbil Dexia, JF Capital Partners, Platypus Asset Management and Tyndall Asset Management.
The mandate represents a breakthrough for BAEP, which was founded in July last year as a joint venture between Paul Cuddy, Mark East and Bennelong Funds Management.
