Global small and microcap boutique manager EAM Global Investors has been awarded a mandate by First State Super.
First State Super has added EAM Global Investors' global microcap capability to its investment menu.
The partnership between First State Super and EAM will see the creation of a customised global micro-cap strategy to be used by the super fund.
EAM is part of Pacific Current Group, which was formed following the merger between Treasury Group and Northern Light Capital Group in late 2014.
The boutique has approximately US$2.1 billion in funds under management and was formed by former employees of San Diego-based Nicholas-Applegate Capital Management (now known as Allianz Global Investors).
EAM co-founder and chief investment officer Travis Prentice said, "Not only is Australia a major pensions market in terms of size, but the sophistication of its investors is admirable.
"We are delighted to be partnering with the First State Super team in what we see as one of the most dynamic segments in global equity markets – global microcaps."
First State Super head of growth assets Rob Credaro said, "Following an extensive global search, EAM’s proven track record and heritage in overseas small and microcap investing gave us confidence in their ability to customise a strategy to suit our needs."
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