Media industry-based superannuation fund Media Super has awarded Aberdeen Asset Management an Australian equities mandate.
The company announced this week that it had been appointed by the superannuation fund to manage a strategy which invests in S&P/ASX 300 companies outside of the largest 20.
Aberdeen's Australian managing director, Brett Jollie, said he regarded the mandate as an endorsement of his company's track record and strong equity investment process.
Media Super said it believed Aberdeen's high conviction and low turnover approach was well-suited to long-term value investors and would ultimately benefit the fund's members.
