AustralianSuper Mulls In-House Money Mgmt

AustralianSuper is considering managing more money in-house.

AustralianSuper is considering managing more money in-house, I&T News reports. The $42 billion superannuation fund will be analyzing its investment decisions all through the next year. Meanwhile, AustralianSuper has also hired Innes McKeand as head of equities. Effective September 12, the former equities head of Aegon Asset Management will work with the fund’s head of fixed income, property and infrastructure and CIO Mark Delaney to assess AustralianSuper’s own investment decisions.

Click here for the story from I&T News.

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