The corporate fund Qantas Superannuation Limited has sold its 50 per cent stake in Constellation Capital Management as part of a management buy-out.
Constellation managing director Douglas Little said the buy-out would give the company much more flexibility in terms of how it would be able to manage its business strategy in the future.
Qantas Super is a foundation shareholder at Constellation, a specialist fund manager that has been operating for over 11 years. Constellation’s back office functions are provided by NAB Asset Servicing.
