The superannuation fund said the appointment “adds diversity” to the fund’s fixed income portfolio’s return drivers.
“Colchester will play a key role as a ‘satellite’ fixed income manager,” said VicSuper chief executive Michael Dundon.
“We believe that Colchester’s value-oriented philosophy, based on income generated in real terms, complements our own approach extremely well. We look forward to a successful ongoing relationship with Colchester.”
Colchester Global Investors Singapore managing director Paul Allen said the company was pleased with the decision.
“We are delighted to be partnering with such a highly regarded and awarded superannuation fund,” he said.
“We look forward to delivering long-term performance for the fund, which will in turn assist VicSuper’s members in reaching their retirement goals.”
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