ING wins $270 million QBE super mandate
ING Australia has won the mandate to manage the $350 million default superannuation fund of QBE Australia.
The appointment will combine three separate QBE super plans. The main fund holds $270 million and has more than 3000 members. ING already steers the remaining two funds worth about $80 million.
ING claims it beat a number of corporate providers to the QBE account.
The appointment will combine three separate QBE super plans. The main fund holds $270 million and has more than 3000 members. ING already steers the remaining two funds worth about $80 million.
ING claims it beat a number of corporate providers to the QBE account.