Ixis, Telstra mandate

2 August 2006
| By Mike |

has secured a $100 million international equities mandate from .

Ixis announced in late June that it had been retained by Telstra Super to invest in the Ixis Loomis Sayles Global Growth equity strategy.

Commenting on the mandate, Telstra Super’s said the fund had been attracted to the global growth equities strategy because of its research focus and valuation discipline in identifying growth stocks.

“We were seeking a dedicated growth strategy emphasising style consistency,” she said. Global growth equities will be a good fit for our overall investment strategy,” she said.

According to managing director of Ixis Australia , the Loomis Sayles Global Growth equity portfolio responds to a growing need by superannuation funds for more market responsible growth products, and provides superior long-term returns through global equity exposure.

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