NAB-linked boutique wins TWU Super mandate
NAB Asset Management-linked global equity boutique, Intermede Investment Partners has picked up a mandate from TWU Super.
Confirming the mandate this week, Intermede chief executive, Barry Dargan described it as “significant”.
“We’ve now been managing the same global equities strategy for three years with US$1.8 billion ($2.4 billion) in funds under management (FUM), and this mandate is testament to the quality of the team, the robustness of our process and a proven track record,” he said.
Intermede is a bottom-up, research lead investment manager that looks for companies with demonstrated long-term sustainable competitive advantage, which allows them to continue to deliver higher growth and returns than the industry in which they operate
TWU Super chief investment officer, Andrew Killen, said the fund was pleased to add a high-quality boutique like Intermede to its investment strategy.
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