Professional Associations Superannuation Limited (PASL), the $1.2 billion industry super fund, has overhauled its investment strategy, streamlining the investment options across its three divisions and reducing investment management fees by around 60 per cent.
Mercer-Callan tie-up to create alternative assets kingmaker
Mercer Investment Consulting will create a new global head of alternatives research position as part of its acquisition of US consulting partnership Callan Associates. Mercer announced last month plans to merge the investment consulting businesses of the two firms in late March, making Mercer the largest investment consultant in the US. Tony Cole, business leader, … Read more
REST Superannuation has added a new “growth alternatives” sub-asset class to its portfolio and awarded two new mandates worth a total of $300 million. 
