Industry fund Print Super has dumped Maple-Brown Abbott, Portfolio Partners and Credit Suisse.
Industry fund Print Super has dumped Maple-Brown Abbott, Portfolio Partners and Credit Suisse following a review of its Australian and international equity managers.
Maple-Brown Abbott's $180 million Australian equities mandate has been reassigned to Tyndall and MIR Investment Management.
Tyndall will manage $110 million and MIR Investment Management will manage $70 million on behalf of the fund.
The $90 million Portfolio Partners Australian equities mandate has been terminated and invested with ABN Amro's Australian Equities Fund.
The $70 million international equities mandate with Credit Suisse has been reallocated to sustainable global equities manager Generation.
"The changes reaffirm our commitment to sustainable future investing and will provide the fund with greater earnings potential without any significant increase in risk," Print Super chief executive Ross Martin said.
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