The concentrated equity strategy, managed by Paul Skamvougeras, is a broad capitalisation Australian equities portfolio investing in high quality companies, according to Perpetual.
The portfolio holds a small number of stocks with high conviction across a range of sectors.
Perpetual Investments' general manager for institutional business, Gemma Dooley, said the mandate reflects the demand from institutional investors for consistent “alpha delivered by an experienced asset management team”.
“We are excited to have the Australian Catholic Superannuation & Retirement Fund join Perpetual as a client,” said Ms Dooley.
“We continue to build good momentum with institutional investors as a result of our strong fund performance across a range of strategies.”
Australian Catholic Superannuation and Retirement Fund said Perpetual’s concentrated equity mandate complements the fund’s three other Australian equity manager mandates.
