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First State Super to insource more, broaden allocation

The Australian pension fund aims to internalise more investment and expand its active asset allocation programme. It has hired a new custodian and fund admin provider as part of this plan.
First State Super to insource more, broaden allocation

Sydney-based First State Super is to expand its active asset allocation programme under a strategic plan this year to bring more investment functions in-house and offer more electronic services to its 755,000 members.

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