Investment firm Advance has overhauled the managers in its international equities multi-manager portfolio.
The changes follow a consolidation of the operations of St George Investment Solutions and BT Investment Solutions after the merger last year between the two groups.
"After the consolidation we felt that the time was right for the portfolio to boost its focus on active managers," Advance Investment Solutions head Patrick Farrell said.
"When you have a period of market dislocation, opportunities tend to emerge and we find active managers are best placed to find these opportunities."
The new manager line-up includes Massachusetts Financial Services, AQR Capital Management, Trilogy, Tradewinds Global Investors, Lazard Asset Management and Schroders.
The managers are part of the Advance International Shares Multi-Blend Fund.
Research house Lonsec recently upgraded the Advance multi-manager funds to highly recommended.
"Lonsec was impressed with the relative smoothness of last year's merger between St George Investment Solutions and BT Investments Solutions," Lonsec said.
"In Lonsec's view the integration combined the collective strengths of two well-regarded investment teams while producing minimal disruption to the investment process."
