Key mandate for Towers Watson

29 April 2010
| By Mike |
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Graeme Miller

The Australian Capital Territory Treasury has appointed Towers Watson to provide investment consulting advice.

Towers Watson announced the mandate this week, with the company saying that the advice would relate to the ACT Treasury’s investment assets, which are currently of the order of $3.5 billion.

The announcement said the appointment required Towers Watson to advise on a wide range of investment matters including strategic asset allocation and the selection of fund managers.

Towers Watson Australian investment business leader Graeme Miller said the ACT Treasury mandate represented high quality new business, which was a perfect fit with the company’s growth strategy.

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