Saturday, 11 October, 2008 10:21 AM AEST


log in / free register · change details · about · contact · subscribe · newsletter · advertise · mobile recent searches: rob officer, proprietary traders, central coast, distribution manager, ixis,
 

Unisuper appoints TAAM

Charlie Corbett
By Charlie Corbett
Thu 16 Aug 2007

Industry fund Unisuper has appointed boutique asset manager Treasury Asia Asset Management to a $151.1 million mandate.


Industry fund Unisuper has appointed boutique asset manager Treasury Asia Asset Management (TAAM) to a $151.1 million mandate.

The mandate takes up 0.6 per cent of the fund's total exposure to international equities.

Chief investment officer David St John said he was impressed by TAAM director Peter Sartori's track record in successfully managing Asia Pacific funds over several years. 

TAAM's mandate reflects an increasing desire among Australia's institutional investors to diversify their portfolios away from domestic markets and towards international, in particular Asia.

"The appointment of TAAM reflects our long-term strategy to overweight Asian markets across a number of asset classes," St John said He also highlighted TAAM's association with contrarian investment specialist Marc Faber.

Faber publishes a monthly investment newsletter called "Doom Boom and Gloom" and is author of several books including, Tomorrow's Gold: Asia's Age of Discovery.

TAAM develops its portfolios through a bottom-up stock-picking approach and focuses on mid to large cap companies.

Go to today's news

More stories by this author


 

InvestorDaily video:

Hot seat

Hot Seat... Part 2

In Part 2 of our exclusive series, we ask leading names to nominate their best investments, the most effective industry group and the importance of platforms.

InvestorDaily video:

Masterfunds Conference highlights

Masterfunds Conference

Latest: It's magic!

Check out the entertainment highlights from The 7th Annual Wraps, Platforms & Masterfunds Conference

Charlie Corbett

Goodbye and good luck

America hasn't just sneezed. It has come down with a virulent and highly contagious flu, for which no cure has yet been found.... 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

Advance appoints two, hikes fees »
St George Bank's funds management arm, Advance Asset Management, has appointed global property trusts CB Richard Ellis and European Investors to its manager line-up and terminated one of its two domestic managers.

Nestle, CSR, Rinker hire Russell »
Three of Australia's biggest companies have hired Russell Investment Group to run their superannuation accounts.

Julia Newbould

A rose by any other name

A complaint by a reader about our reporting of two Sydney planners facing jail made us do a little research on the subject of who can be called a planner.... read more »

 

 
©2008 InvestorInfo Pty Ltd · legal · privacy policy · linking to us · community · powered by RedDot