VicSuper awards new investment mandate to Colchester Global Investors

February 17, 2017
|In Media Releases
|By Colchester Global Investors

VicSuper has today announced that it recently awarded a A$320 million mandate to value-oriented global bond manager, Colchester Global Investors.

The appointment of an active, absolute return oriented global bond manager adds diversity to the current Fixed Income portfolio’s return drivers, so that VicSuper can continue to generate strong and consistent returns for its members.

VicSuper Chief Executive Officer Michael Dundon commented, “Colchester will play a key role as a “satellite” fixed income manager. We believe that Colchester’s value-oriented philosophy, based on income generated in real terms, complements our own approach extremely well. We look forward to a successful ongoing relationship with Colchester.”

Colchester Global Investors Singapore Managing Director, Paul Allen said, “We are delighted to be partnering with such a highly regarded and awarded superannuation fund. We look forward to delivering long term performance for the fund, which will in turn assist VicSuper’s members in reaching their retirement goals.”

For further information or to organise an interview, please contact:
VicSuper
Alexis Harrison
Marketing Operations Manager
0428 633 639
03 9667 9762

About VicSuper

VicSuper is a $17 billion strong profit to member superannuation fund with over 240,000 members, over 20,500 participating employers and over 11,000 pension members. The underlying assets of the Fund have doubled over the past 5 years. Open to all Australians, membership is strongest in Victoria where the Fund began nearly 20 years ago. The Fund’s strategic plan is designed to grow and build long term resilience into the Fund to deliver long term value for its members.

About Colchester Global Investors

Colchester is a value oriented, global fixed income investment manager offering portfolios investing in high quality sovereign bonds. They provide investment management services to clients on a separate account basis for mandates over $75 million and offer wholesale funds which are open to Australian and New Zealand sophisticated investors.

For more information, contact Angela MacPherson, Colchester Head of Distribution – Australia, 02 8599 2132

 

This communication is intended for professional use by Australian wholesale clients as defined in Section 761G of the Corporations Act 2001 (Cwlth). Neither Colchester Global Investors Limited ARBN 153 119 763 nor Colchester Global Investors (Singapore) Pte. Ltd ABN 58 159 947 583 holds an Australian financial services licence for the provision of financial services, and both entities are exempt from the requirement to hold an Australian financial services licence under the Corporations Act 2001 (Cwlth) in respect of the financial services Colchester provides to wholesale clients in Australia. Colchester Global Investors Limited is authorised and regulated by the Financial Conduct Authority under the laws of England and Wales, which differ from Australian laws. Colchester Global Investors (Singapore) Pte. Ltd is regulated by the Monetary Authority of Singapore under Singapore laws, which differ from Australian laws. Therefore, Australian wholesale clients are not necessarily subject to the same types of legal protections or remedies that they would enjoy if Colchester was directly subject to the Corporations Act. Colchester is entitled to offer its financial services in Australia pursuant to an exemption from the requirement to hold an Australian Financial Services Licence under the Corporations Act, on the basis, among other things, that the clients are “wholesale clients” within the meaning of the Corporations Act.”