The industry fund has awarded new mandates to Baillie Gifford Long Term Global Growth, the Deutsche Global Thematic Fund, Orbis Global Equity Fund, Pzena Global Value Fund, Holowesko Global Equity Fund, Taube Hodson Stonex Partners Global Equity Fund, Wellington Special Strategy Portfolio and Charlemagne Emerging Markets Fund.
The Colonial First State Emerging Market Fund has retained its emerging markets mandate, while AMP Future Directions and Barclays have lost their mandates.
"The change in strategy has given us greater control, the ability to provide more transparency on international equity managers and to invest through high-conviction boutique-style managers," NGS Super investments manager Bill Dwyer said.
"We chose the new managers because of their investment approach, ownership structure, quality of personnel, portfolio construction and trading capabilities."
The transition was performed by Citigroup.
"It was completed in just over one day and the way that the markets moved on that day was volatile but favourable. The decision to cover the cash component with futures added a lot of value," Dwyer said.
Dwyer will be meeting the new managers on-site in January.
"I will be talking through portfolios ... and getting a sense of the market and how it looks going forward," he said.
NGS Super chief executive Anthony Rodwell-Ball said he was confident the new structure would deliver solid returns to its members in 2009 and beyond.
