Boutique manager picks up super fund deal
Employee owned funds management group Redpoint has been won a mandate to manage funds for Intrust Super.
The super fund manages the retirement savings of hospitality, clubs, and tourism related industry workers with Intrust Super, chief executive, Brendan O'Farrell said the appointment of Redpoint was central to the success of its investment strategy.
"We are very confident that our decision to invest with Redpoint's Global Listed Infrastructure strategy provides the opportunity to achieve a great risk-adjusted return for Intrust members," O'Farrell said.
Redpoint specialises in listed asset classes and is majority owned by its employees with NAB holding a minority strategic stake in the company.
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Jason Spits
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