Fund manager Nikko Asset Management has won a key mandate from industry fund, TWUSuper.
The fund manager confirmed this week it had been awarded a mandate for its long-running Australian Equities Comparative Value Analysis strategy.
Confirming the mandate, TWU Super chief investment officer, Andrew Killen said the fund’s board had been impressed by Nikko AM’s team which had been consistent in delivering excess returns over a long period of time.
Nikko AM’s head of equities, Brad Potter said the company was delighted to have received the mandate and recognized the competitive nature of the Australian market.
