Guild Trustee Services appoints Russell Investments as Investment Manager
Sydney, 20 October 2016 – Guild Trustee Services, the trustee for GuildSuper, Child Care Super and GuildPension, has completed a comprehensive review of its investment management arrangements and today announced the appointment of Russell Investments to provide investment advice and investment management services to the trustee.
Russell Investments will advise and manage most of the $1.3 billion assets across six assets classes: Australian Shares, International Shares, Property, Alternatives (growth and defensive), Fixed Interest and Cash/Money Market Securities. Guild Trustee Services will continue to invest Australian Direct Property and Unlisted Infrastructure assets classes through Mercer Investments.
“We undertook an extensive selection process involving rigorous due diligence,” said Mario Pirone, Managing Director of Guild Trustee Services. “The appointment is aimed at delivering stronger investment performance for our 74,000 members. We look forward to working collaboratively with our investment managers for the benefit of our members”.
About Guild Trustee Services
Guild Trustee Services Pty Limited is the trustee for the Guild Retirement Fund, which includes GuildSuper, Child Care Super and GuildPension. It is a unique, specialist super fund that supports the Pharmacy, Child Care and Veterinary sectors. Guild Trustee Services is dedicated to providing these industries with superannuation solutions and has helped members to save and grow their super for over 17 years.
Guild Trustee Services focuses on creating simple and helpful super solutions as well as delivering real value to all its members and employers. It manages superannuation savings of $1.3 billion for over 74,000 members and has also helped more than 14,000 employers meet their superannuation obligations.
About Russell Investments
Russell Investments, a global asset manager, is one of only a few firms that offers actively managed multi-asset portfolios and services that include advice, investments and implementation. Russell Investments stands with institutional investors, financial advisors and individuals working with their advisors—using the firm’s core capabilities that extend across capital market insights, manager research, asset allocation, portfolio implementation and factor exposures— to help each achieve their desired investment outcomes.
Russell Investments has more than AUD$327 billion in assets under management (as of 30/06/2016) and works with more than 2,500 institutional clients, independent distribution partners and individual investors globally. As a consultant to some of the largest pools of capital in the world, Russell Investments has more than US$2.2 trillion in assets under advisement (as of 31/12/2015).
For more information about how Russell Investments helps to improve financial security for people, visit https://russellinvestments.com/au/