Sunsuper appoints Ibbotson Associates to provide investment advice

11 October 2011
| By Andrew Tsanadis |
image
image
expand image

Sunsuper has appointed Ibbotson Associates Australia to provide investment advice following a review by the super fund into the asset allocation capabilities of a number of consultants.

Ibbotson, a subsidiary of the Morningstar investment management division, will provide tailored advice based on the Ibbotson dynamic asset allocation process, stated Sunsuper.

According to Sunsuper, the process is designed to dynamically adjust asset classes and weightings to recognise changes in the risks and rewards for investing over the medium term.

"An increasing number of superannuation funds and institutional investors are supplementing traditional asset allocation models with more dynamic approaches," said Ibbotson managing director and chief investment officer Daniel Needham.

"The continued development of specialist customised services is a key area of focus for us."

Sunsuper portfolio manager investment strategy Corrin Collocott said Ibbotson's process is easily customisable to integrate into Sunsuper's investment process.

"Sourcing ideas from tailored relationships without consultant and investment managers expands our 'virtual team', enhancing our ability to meet objectives that are important for our members," said Sunsuper chief investment officer David Hartley.

"This model is likely to become more prevalent as large superannuation funds become increasingly sophisticated."

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

10 months 2 weeks ago
Kevin Gorman

Super director remuneration ...

10 months 3 weeks ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

10 months 3 weeks ago

The central bank has served up a disappointment for punters on Melbourne Cup Day....

2 hours ago

The fund’s inaugural chief retirement officer is looking to establish a new venture. ...

6 hours 49 minutes ago

The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update....

1 day ago