AvSuper has appointed a new investment manager within our  Australian shares portfolio. The Trustee’s Investment Committee under took a comprehensive review and due diligence process to select Perpetual Investments.

perpetual_logoPerpetual Investments, the specialised asset management business of Perpetual Limited, runs a Concentrated Equity strategy, a broad capitalisation Australian equities portfolio investing in high quality companies.

Their portfolio typically holds a relatively small number of stocks with high conviction, across a range of sectors. In the 2012 calendar year, the Wholesale Concentrated Equity Fund returned 24.5% (before fees), outperforming the S&P/ASX300 benchmark by 4.7%.

Following a very strong year to date in the Trustee’s Australian Shares portfolio, we look forward to Perpetual’s contribution to AvSuper’s strong, long term investment returns for our members.

Phone 1300 128 751 (Local call)