One of Australia’s largest corporate superannuation funds, Telstra Super, has handed a $50 million Asian market equity mandate to Treasury Asia Asset Management.
The mandate, announced late last month, will see Treasury Asia Asset Management adopt its active management approach to Asia-Pacific equity portfolios.
Confirming the mandate, the managing director of Treasury Group Limited, David Cooper, said the company was pleased to have been appointed to the investment mandate.
He said the company’s approach was based on a predominantly bottom-up stock picking approach with a mid to large capitalisation bias.
