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Martin Currie secures HESTA equities mandate

 — 1 minute read

HESTA has signed active equities specialist Martin Currie Investment Management as its underlying manager for a new global equities portfolio.

Martin Currie has gained the new mandate with the $52 billion industry superannuation fund in addition to a global emerging markets portfolio it has managed for HESTA since 2014. 

The new portfolio will be managed by Martin Currie’s global long-term unconstrained team, headed by former BlackRock senior portfolio manager and head of European equities research Zehrid Osmani. 

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HESTA general manager for growth, Steven Semczyszyn, said the partnership will help the industry fund achieve its carbon emission targets, as part of its climate change transition plan. 

The two companies stated they have a fee pricing structure across their full partnership, rather than on each individual investment capability. 

HESTA has also gained full access to Martin Currie’s global investment reach, through research insights, ESG resources and analysis across global, emerging market and Australian equities.


The must-attend event for financial advisers is back in 2022: the ESG Summit, coming to Sydney and Melbourne in February. Walk away with vital knowledge on a number of key ESG areas to help you make informed ESG strategy decisions and to better communicate and integrate the growing ESG space to clients. Visit the website to secure your place.

 

Martin Currie secures HESTA equities mandate
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Sarah Simpkins

Sarah Simpkins

Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth. 

Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio. 

You can contact her on [email protected].

 

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