AvSuper awards equities mandate to IFP

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AUSTRALIA - AvSuper Fund has dropped US firm Wellington Management from its international equities mandate in favour of Independent Franchise Partnership (IFP) following a recent review.

The fund, which caters for workers in the aviation industry and others, has 5,700 members and A$1.15bn ($1.14bn)in assets under management. The fund also runs international equities through GMO ...

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