Aberdeen claims mandate wins to kickstart 2010

The global equity and fixed income teams at Aberdeen Asset Management have scored major institutional mandates.

The $2.7 billion Non-Government Schools Superannuation Fund (NGS Super) has allocated a $150 million mandate to Victor Rodriguez’s fixed income team at Aberdeen, while ING Investment Management (ING IM) reserved a “sizeable” chunk of the global equities portfolio in its Multi-Strategies Group for Stephen Docherty’s Edinburgh-based global equity team, which oversees $20 billion, according to Aberdeen.

Brett Jollie, head of the manager’s Australian business, said the mandates were an “endorsement” of the teams’ capabilities.

Neither Anthony Rodwell-Ball, chief executive of NGS Super, or Emmanuel Calligeris, chief investment officer of ING IM’s Multi-Strategies Group, were available for comment at presstime.

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Super funds grapple with hidden AI cross-exposures as boom runs on 

As super funds work to understand their total portfolio exposure to the artificial intelligence thematic, a complex picture of hidden betas and “attachment points” is gradually emerging. They also need to figure out how to play the same thematic in the “tricky” China market.

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