Russell shores up Suncorp/Tyndall
Suncorp/Tyndall Investment Management has looked to shore up its interim Suncorp Equity Funds asset management approach via the short-term appointment of Russell Investment Group.
Suncorp/Tyndall Investment Management head Brett Himbury said the appointment had followed a tender process, with Russell being selected on the basis of providing the particular skills and resources that allow a continuation of the Suncorp equities investment style.
He said the portfolio had now been rebalanced to an enhanced index model until a new internal team was appointed.
“I emphasised that the Russell appointment is a temporary measure to round off our total interim management package and will continue until we have our new style-neutral in-house team in place,” Himbury said.
AUTHOR
Mike Taylor
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