Super fund awards $420m mandate to Regal
Regal Funds Management has been awarded a $420 million institutional mandate for its Australian Long Short Equity Strategy.
The mandate from a large domestic superannuation fund followed an extensive investment and operational due diligence process.
The Regal Australian Long Short Equity Strategy was an active extension, long/short strategy that aimed to outperform the S&P/ASX 300 Accumulation Index over a rolling five-year period, net of fees.
It was managed by Regal chief investment officer, Phil King, and Australian Equity portfolio manager Jovita Khilnani.
Regal Partners chief executive, Brendan O’Connor, said: “We’re delighted with the award of a such a significant mandate. It represents a strong independent endorsement of Regal’s investment and risk management capabilities, in addition to the institutional-grade operating infrastructure that Regal employs across all its long/short equity strategies”.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
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