Advance, the asset management arm of St George Bank, has awarded mandates to Maple Abbot Brown and Credit Suisse Asset Management.
Maple Abbot Brown was appointed late last year to run a $26.7 million Asian (ex-Japan) equities mandate.
It also runs Advance's imputation fund.
Credit Suisse Asset Management takes on a $26.7 million index-based commodities mandate.
The strategy invests in 24 stocks across five sectors and aims to provide a total return in excess of the Goldman Sachs Commodity Index Total Return Index.
