Monday 22 May 2017
Intermede Investment Partners, a NAB Asset Management minority owned global equity boutique, was recently awarded a significant global equities mandate from leading Australian industry superannuation fund TWUSUPER.
"We're extremely pleased to have been awarded a significant mandate from TWUSUPER," CEO of Intermede, Barry Dargan, said.
"We've now been managing the same global equities strategy for three years with US$1.8 billon FUM, and this mandate is testament to the quality of the team, the robustness of our process and a proven track record.
"Global markets have performed well in the long-term, and Australian investors are really starting to appreciate the benefits of a global allocation for both risk management and access to a broader opportunity set," Mr Dargan said.
Intermede is a bottom-up, research lead investment manager that looks for companies with demonstrated long-term sustainable competitive advantage, which allows them to continue to deliver higher growth and returns than the industry in which they operate. Intermede aims to buy these companies when their stock prices do not fully reflect their long-term potential.
TWUSUPER Chief Investment Officer, Andrew Killen, said TWUSUPER are very pleased to add a high-quality boutique like Intermede to their investment strategy.
"Intermede's boutique manager structure and singular focus on global equities are of great appeal to us and we look forward to the benefits Intermede can deliver to our members," Mr Killen said.
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