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NGS Super awards $300m mandate
Industry super fund, NGS Super, has awarded a $300 million global equity mandate to Bell Asset Management (BAM).
NGS chief executive, Anthony Rodwell-Ball, said Bell's emphasis on capital protection and history of minimisation of drawdowns in bear markets was a compelling reason to appoint them.
"Bell Asset Management's investment approach, proven track record over 13 years and the ability to deliver consistent levels of alpha over differing market cycles was a stand-out factor during a recent review of our global equities portfolio," Rodwell-Ball said.
Also commenting on the mandate, Bell's managing director, Rob Sullivan, said: "We look forward to building a strong and long partnership with NGS Super and delivering the best results we possibly can to its members".
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