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MLC changes AUST share fund

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By Reporter
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1 minute read

MLC has cut its Australian Share Fund managers from eight to three: Bennelong Australian Equity Partners, Antares Capital Partners and JCP Investment Partners.

Bennelong and Antares are new, while JCP has been retained to manage a lower risk mandate. The combination will provide more diverse insights and broader stock selection. "Each of the three managers has strong stock-picking skills and a focus on investing in high-quality companies. However, none of them rigidly follows a particular investment style. This means they'll have greater flexibility than the previous managers to research and select companies for investment," MLC said.


The change marks a return to wholly active management.