Big meat industry fund, AMIST, has launched a tender process around its asset consulting needs.
The fund, which is being advised by Deloitte, launched the tender process this month.
AMIST's current investment adviser is JANA.
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.
Big business has joined the chorus of opposition against the proposed Division 296 tax.