OptiMix appoints Ausbil Dexia and Tyndall Investment Management

OptiMix Investment Management (OIML) has appointed Ausbil Dexia and Tyndall Investment Management to its panel of Australian equities managers, as part of a regular review of the portfolio.

These managers replace Investors Mutual Investment Managers and Schroder Investment Management Australia.

Ausbil Dexia and Tyndall join existing managers 452 Capital, Orion Asset Management, Barclays Global Investors and ING Investment Management.

OptiMix Chief Investment Officer Emmanuel Calligeris said the review was part of the ongoing research and monitoring of managers, which is in line with the OptiMix Manage The Managers investment process.

“Ausbil Dexia and Tyndall Investment Management bring increased efficiency and uniqueness to the portfolio. As a result, we have a more enhanced balance of investment style, risk factors, sector and market capitalisation bias, portfolio/stock overlap, stock tilt correlation and level of stock tilt conviction,” Mr Calligeris said.

“The level of conviction we have in both Investors Mutual’s and Schroder’s skill and strategy is high. From a qualitative perspective, both managers provide ample evidence of superior research and stock selection skills and they demonstrate superior portfolio construction and management skills.

“Performance was not an issue either. However, markets change and the appointment of Ausbil Dexia and Tyndall will further enhance the OptiMix blend of managers, and this will provide a solid framework for sustained solid long term returns.”