Research house van Eyk has backed its own judgement by appointing Invesco as the underlying Australian equities manager for its fund of funds Blueprint Series.
The awarding of the mandate to Invesco follows van Eyk awarding an A* rating for its Australian equities capability.
Invesco head of research relationships Anna Schofield said the company was pleased to have been added to van Eyk’s fund of funds product.
She said that with a 23 per cent allocation, Invesco was being used as a core manager within the van Eyk Blueprint Australian Shares Fund.
Dan Farmer, chief investment officer of MLC Asset Management, has detailed how its super fund allocations have evolved and whether the fund will consider investing in bitcoin.
Australia’s superannuation capital has been positioned to play a larger role in south-east Asia’s economic development under a new government-backed deal.
Superannuation funds have become the dominant force behind Australia’s private markets boom, fuelling unprecedented growth and reshaping manager operations.
Reserve Bank governor Michele Bullock has said the central bank sees private demand picking up over the next year, taking over from public demand.