Australian Catholic Super is expected to announce that it has switched its asset consulting mandate after conducting a review of service providers.
The superannuation fund has been a client of Willis Towers Watson for the past five years and undertook a review of providers via Chant West earlier this year.
Super Review understands that Frontier Investment Consulting is the front-runner for the mandate, albeit that the appointment has not yet been formally announced.
The UK aims to boost investments via Australia’s super fund sector, unlocking major bilateral business and growth opportunities.
The Future Fund has received government approval to internally manage transactions in Australian infrastructure and property, marking a significant shift in its investment approach after nearly two decades of relying solely on external managers.
The super fund has welcomed Robert Potter and Wayne Davy to its board of directors.
Private market assets in super have surged, while private debt recorded the fastest growth among all investment types.