OptiMix has overhauled its international equities portfolio, appointing two new managers and terminating three.
The multi-manager has hired Real Index and Aberdeen to its $2.5 billion international equities manager line-up.
The two managers join Amundi Asset Management (formerly Credit Agricole), Investec and MFS.
Capital International, Alliance Bernstein and Franklin Templeton have been terminated from the portfolio.
"We decided to review the portfolio and take a closer look at what stocks overlapped each other and what would be the best manager fit," OptiMix chief investment officer Emmanuel Calligeris said.
"The portfolio has performed well. However, we felt the manager changes were needed in order to ensure the continued success of the fund."
The firm has also made changes to its smaller companies fund, appointing Epoch Investment Partners. The manager joins Lazard Asset Management and Schroders.
