AUSTRALIA - The AUD290m ($153m) Woodside Superannuation Fund in Perth has appointed Zurich Scudder Investments to manage the assets of its defined contribution scheme and its investment choice fund.
Superannuation officer Sharne Williams explained that the growth option of the investment choice fund is now managed by four companies, namely Zurich Scudder Investments, MLC Growth Fund, Portfolio Partners Balanced Trust and the Citigroup balanced fund.
The Woodside Superannuation team is advised by an in-house team of consultants.
By Janet Du Chenne
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