Aberdeen wins Media Super mandate
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.
Recommended for you
A former Sydney investment manager has pleaded guilty to two counts of insider trading regarding a potential takeover of Platinum Asset Management, having acquired $2.6 million of Platinum shares.
As the firm enters a new growth phase, Orbis Investments managing director Jason Ciccolallo has said it is looking to strengthen relationships with retail advisers to align with the firm’s institutional reputation.
The former director of United Global Capital has received a decision from the Administrative Review Tribunal regarding an appeal of his 10-year ban from providing financial services.
AMP-owned North has announced a senior manager appointment as the platform explores growth opportunities in its addressable adviser market.
