The Taxi Industry Superannuation Fund has awarded a mandate to multi-manager Alpha Fund Managers.
Alpha portfolio manager Matthew Zsdech said the mandate was a pooled investment within its multi-manager environment.
"The Taxi Industry Superannuation Fund recognised the benefits of an investment portfolio, core/satellite approach within the fund's investment strategy pools," Zsdech said.
"Alpha matched with a beta investment portfolio core allows superannuation clients the benefits of a market return investment core and the added value of active management via Alpha Fund Managers."
In the past eight months, Alpha has more than doubled its funds under management from $57 million to $130 million.
The Taxi Industry Superannuation Fund provides superannuation to more than 60 businesses in the industry, with over 2400 members.
