Schroders wins GESB mandate

9 March 2010
| By Mike |
image
image
expand image

West Australian fund GESB has handed Schroders Investment Management a $2.7 billion mandate to help manage the fund’s international equities portfolio.

The fund announced the mandate this week following what it described as a review of the core component of the international equities portfolio.

GESB senior investment strategist Bill Dwyer explained the choice of Schroders saying the fund manager took a pragmatic approach to quantitative equity investment and the fund expected it to perform well in a range of market environments, including volatile and non-trending markets.

He said Schroders joined Fidelity, Edinburgh Partners and Sarasin & Partners on the fund’s international equities roster.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 5 months ago
Kevin Gorman

Super director remuneration ...

1 year 5 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 5 months ago

ASIC has issued a warning to financial advisers and superannuation trustees to ensure they are complying with client consent requirements when entering into ongoing fee a...

1 day 8 hours ago

Equity markets have surged ahead of fundamentals as institutional investors fall behind, according to Ten Cap Alpha Plus....

1 day 9 hours ago

IFM has firmly opposed any push for publicly disclosing current valuations of private market assets, saying it would “damage the financial interests of investors” and red...

1 day 9 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
91.29 3 y p.a(%)
2
3