Sunsuper has selected Vinva Investment Management for its Australian equities portfolio, Financial Standard reports. The firm will be handling a new mandate of around $700 million, which is part of a wider reallocation of funds in Sunsuper’s portfolio.
About 50% of the amount of the new mandate comes from new money and the balance comes from the reduction of some existing mandates. Acorn, Fortis, Northward, Quest, Tribeca and State Street Global Advisors are the other Australian equities managers in Sunsuper’s portfolio.
Click here for the story from Financial Standard.
