Netherlands-based funds manager, Robeco has been awarded a mandate from industry fund, HESTA.
The fund manager announced this week it had received a mandate from HESTA for its global conservative equities strategy.
Robeco Australia head, Stephen Dennis said the fund had been working closely with the HESTA investment team for a period of time and were delighted to be entrusted by such a prestigious client.
He said the Robeco strategy, using the company's proprietary quantitative method was a good fit for superannuation funds looking to capture global equity returns with less risk.
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.