Unisuper revamps investments with new mandates
Unisuper has changed a number of key investment mandates following a review of the fund’s portfolio designs.
Unisuper chief investment officer David St John said the specific mandate changes resulting from the review covered Australian shares, international shares and emerging markets.
In the Australian shares portfolio Unisuper awarded mandates to Quest Asset Partners ($330 million), Challenger Managed Investments ($365 million) and LINWAR Funds Management ($110 million).
In the international shares portfolio, the fund opted to be a seed investor in State Street Global Advisor’s Global Alpha Plus fund ($225 million), while in the emerging markets arena it handed mandates to Mondrian Investments ($75 million) and JF Capital Partners ($50 million).
St John said the appointments confirmed Unisuper’s commitment to supporting innovative developing managers as well as mainstream managers.
AUTHOR
Mike Taylor
Recommended for you
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.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
225.31 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
121.06 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Smarter Money Long-Short Credit Investor USD
68.96 3 y p.a(%)
