Investment Strategy

Asset Super completes manager overhaul

The $1.4 billion Asset Super has terminated a Challenger domestic shares mandate, reducing its number of Aussie equities managers from six to five, and farewelled a State Street Global Advisors fixed income mandate as it rationalises that asset class under a single manager.
Investment Strategy

LGSS completes active equities restructure

The $4.7 billion NSW Local Government Superannuation Scheme (LGSS) has terminated two mandates with active Australian equity managers and awarded a new mandate worth $110 million to a Sydney-based active boutique in the final stage of the restructure of its domestic equities portfolio.