Friday, 3 September, 2010 8:20 PM AEST


log in / free register · change details · about · contact · subscribe · newsletter · advertise · mobile recent searches: perpetual strategy, ifm australian, companies that, sam asset, simpler,
 

Print Super makes $340m changes

By Christine St Anne
Thu 24 May 2007

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.

Go to today's InvestorWeekly news

More stories by this author


 

Latest videos

VIDEO: Make the nest egg last the distance

Retirees face the risk of running out of money. We asked Macquarie Funds Group's head of longevity risk solutions Andrew Robertson how this can be avoided.... Watch»

In defence of small funds

As debate about super fund size continues, are smaller funds looking at ways to gain scale?... Watch»

Timbercorp Orchard Trust ripe for takeover

New investment company Hamilton Securities announces takeover bid for debentures of the Timbercorp Orchard Trust... Watch»

Christine St Anne

Goodbye to all that

Many in the industry would have been bogged down in submissions given the plethora of government reviews. Next year it will be the government's turn to act on the reviews. ... read more »

Home delivered!

Daily news, weekday mornings

Get the day's news delivered direct to your inbox. Register here (it's free!) and choose 'yes' to receive the InvestorDaily newsletter.

Money on the move

Russell revamps international shares funds »
A new year and a new strategy have meant a reshuffle for the Russell international shares funds.

IFM invests in desalination plant »
The industry super fund backed group has taken a stake in Victoria's desalination plant.

Kate Kachor

Another year, another headache

It is less than one month into the year and things appear to be starting off no better than last year. ... read more »

 

 
© Copyright 2009 Morningstar Australasia Pty Limited · legal · privacy policy · linking to us · community · powered by RedDot