AUSCOAL Super awards A$97.5m managed volatility mandate

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AUSTRALIA - The Australian coal industry's superannuation fund has awarded a A$97.5m ($89bn) managed volatility mandate to Acadian Asset Management.

The A$5.2bn AUSCOAL Super said it expects the strategy to reduce risk without sacrificing returns. The strategy seeks to provide equity-like returns from global markets with significantly less risk...

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