POWERED BY MOMENTUM MEDIA
MLC picks up $200 million consulting mandate
MLC Implemented Consulting has won a mandate with Teachers Federation Health (TFH) to provide investment advice and implementation services on $200 million of assets.
TFH chief financial officer Joseph Phung said the decision to appoint MLC Implemented Consulting was based on the consultant's experience in the health industry and "their detailed knowledge of our industry's capital reserving requirements".
MLC Implemented Consulting general manager Paul Ireland said his company's "tailored approach and strong focus on client service" would help TFH reach its goals.
"The advice required for insurers is very specialised, and we have worked hard to ensure we have the research and expertise to support [TFH]," he said.
The agreement with TFH comes two months after MLC Implemented Consulting was appointed by nib health to advise on over $450 million of assets.
MLC Implemented Consulting also provides investment advice and implementation services to HCF.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
BlackRock has reduced its exposure to Australian and European equities in favour of emerging markets.
Equity markets have surged ahead of fundamentals as institutional investors fall behind, according to Ten Cap Alpha Plus.
Local investors are leading the region in plans to boost private market exposure, as demand grows for innovative fund structures, resilient investments, and a more selective approach to alternatives.
Research shows institutional investors are increasingly turning to private credit, but the APAC region’s relatively small market size remains a key constraint.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
99.46 3 y p.a(%)
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
78.55 3 y p.a(%)
4
BetaShares Crypto Innovators ETF
50.39 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
47.50 3 y p.a(%)
