AUSTRALIA - Telstra Super has hired Martin Currie Investment Management to run a global alpha ex-Australia mandate.
Australia's largest corporate super fund will allocate A$115m (US$95m) to the firm.
The super fund said the hire is a result of a review of the international equity portfolio. Two mandates were terminated to fund Martin Currie, but Telstra did not name the managers.
Telstra Super has A$9bn in assets under management.
Martin Currie country head for Australia Kimon Kouryialas said: "Our global alpha strategy is the ideal product for investors seeking active exposure to the best global stocks, free from any country or sector constraints."
Martin Currie opened offices in Australia one year ago during which time is has raked in A$700m in assets.
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