BT Investment Solutions has revamped its international equity manager line-up and terminated its mandate with the Intech International Share Active Fund.
The investment manager will, however, retain its existing mandate with Intech's High Opportunity Trust (HOT), which it appointed in September 2004.
"We wanted to get diversification across the equity classes including emerging markets and small caps. We also wanted to introduce a more active approach to our portfolio," BT Investment Solutions head Stewart Brentnall said.
BT's four international equity managers are Alliance Bernstein, Trilogy Global Advisers, AQR Capital and MFS.
