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LGIA Super shuns insourcing but pares manager roster

Joe Marsh
The Australian retirement fund’s CIO wants to keep all of his portfolio with external firms. He says that it has become easier to negotiate lower manager fees as some peers internalise.
LGIA Super shuns insourcing but pares manager roster

Despite the shift by sovereign wealth funds and pension plans towards more insourcing of portfolio management and direct investment via in-house teams, some asset owners are happy to buck that trend.

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