Powered by MOMENTUM MEDIA
investor daily logo

Unisuper adds new managers

  •  
By Christine St Anne
  •  
1 minute read

Industry super fund Unisuper has added Kinetic Investment Partners and T. Rowe Price to its manager line-up, completing a review of its share portfolio.

Industry super fund Unisuper has added Kinetic Investment Partners and T. Rowe Price to its manager line-up, completing a review of its share portfolio.

The fund has awarded boutique manager Kinetic Investment Partners a $50 million mandate in Australian small caps and growth manager T. Rowe Price a $260 mandate in international shares.

"These additional appointments represent the final stages of our review in the shares asset class. This process has seen an increased focus on boutiques and high conviction approaches," Unisuper chief investment officer David St John said.

In August Unisuper announced a revamp of its manager line-up as part of a review of the asset classes in its Public Markets portfolio.

The mandate changes covered a number of asset classes including the defensive asset class sector, emerging markets, international shares and Australian shares.