GESB hires Schroders for international equity mandate

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AUSTRALIA - Western Australia-based superannuation fund GESB has hired Schroders Investment Management to run a A$2.7bn (US$2.5bn) international equity brief.

GESB said in a release the hire comes after a review of the scheme's international equity portfolio, but more details were not immediately available. The superannuation fund invests about 25% of it...

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