REI Super puts implemented consulting contract to tender

The $650 million REI Super has put its implemented consulting and administration contracts out to tender.

Intech, the incumbent implemented consulting provider, has held the business since 2001 and manages most of REI Super’s capital through its managed asset consulting service.

Mercer is the current provider of administration services to the fund.

Ian Armstrong, trustee director of the fund for employees in the property sector, said REI Super would only consider implemented consulting offerings.

Deloitte is running the administration tender for the fund.

 

, , , , , , , , , , ,

Leave a Comment

AustralianSuper’s call for leverage is bold but unnecessary

AustralianSuper's chief liquidity officer Chandu Bhindi has publicly proposed the idea of allowing some super funds to directly use leverage, enabling them to better manage liquidity requirements in crisis situations rather than being forced to sell assets at stressed prices. While the idea has some merits, overall it is not necessary and could increase system risk.

Sort content by