POWERED BY MOMENTUM MEDIA
Key mandate for Towers Watson
 |
| Graeme Miller
|
The Australian Capital Territory Treasury has appointed Towers Watson to provide investment consulting advice.
Towers Watson announced the mandate this week, with the company saying that the advice would relate to the ACT Treasury’s investment assets, which are currently of the order of $3.5 billion.
The announcement said the appointment required Towers Watson to advise on a wide range of investment matters including strategic asset allocation and the selection of fund managers.
Towers Watson Australian investment business leader Graeme Miller said the ACT Treasury mandate represented high quality new business, which was a perfect fit with the company’s growth strategy.
AUTHOR
Mike Taylor
Recommended for you
The property group, owned by industry super fund Aware Super, has announced two new projects with a total construction value of $320 million that will add more than 700 homes to Melbourne’s rental market.
While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their involvement in addressing the substantial capital requirements vary widely.
Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has suggested.
HESTA has slammed Woodside’s climate transition action plan, pointing to “significant” gaps.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment