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REI Super retains Ibbotson Associates

  •  
By Christine St Anne
  •  
2 minute read

REI Super has retained its asset consultant for another three years.

Industry superannuation fund REI Super has retained Ibbotson Associates as the fund's asset consultant for another three years.

Ibbotson Associates, formerly known as Intech, has been providing advice to the fund since 2000.

The decision to reappoint Ibbotson Associates followed a detailed due diligence process, the fund said.

"The Ibbotson team has a thorough understanding of what we want to achieve for our members and their advice is uncomplicated, timely and effective," REI Super chief executive Mal Smith said.

 
 

In February, Intech was re-branded as Ibbotson Associates following the acquisition of the company by Morningstar in June 2009.

The REI Super board recognised Morningstar as a large, stable and well-resourced international parent to Ibbotson Associates, the fund said.

REI Super represents the property sector and has about $650 million in funds under management.