Bennelong and Antares are new, while JCP has been retained to manage a lower risk mandate. The combination will provide more diverse insights and broader stock selection. "Each of the three managers has strong stock-picking skills and a focus on investing in high-quality companies. However, none of them rigidly follows a particular investment style. This means they'll have greater flexibility than the previous managers to research and select companies for investment," MLC said.
The change marks a return to wholly active management.