Netherlands-based funds manager, Robeco has been awarded a mandate from industry fund, HESTA.
The fund manager announced this week it had received a mandate from HESTA for its global conservative equities strategy.
Robeco Australia head, Stephen Dennis said the fund had been working closely with the HESTA investment team for a period of time and were delighted to be entrusted by such a prestigious client.
He said the Robeco strategy, using the company's proprietary quantitative method was a good fit for superannuation funds looking to capture global equity returns with less risk.
The central bank has served up a disappointment for punters on Melbourne Cup Day.
The superannuation industry will be judged by its member services rather than how effectively it accumulates wealth, according to Stephen Jones.
The profit-to-member super funds are officially operating as a merged entity, set to serve over half a million members.
Super Review announced 21 winners at the annual Super Fund of the Year Awards, including the recipient of the prestigious Fund of the Year Award.