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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China’s innovation allure doesn’t erase investor risks: Team Super CIO

Despite the dizzying technological innovations in China and the investment opportunities that come with them, Team Super chief investment officer Seamus Collins says some risks, including weaker investor protection, make him hesitant to allocate large chunks of the portfolio to the world’s second-largest economy.

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