Intrust Super awards $40m mandate to Dalton Nicol Reid

Wednesday, February 26 2014

Intrust Super, industry super fund for hospitality employees has awarded a $40m mandate to Australian equities fund manager, Dalton Nicol Reid.

Founded in 2001, Brisbane-based Dalton Nicol Reid believes a focus on quality will enhance returns when it is combined with a thorough valuation overlay.   The mandate follows a $200 million mandate awarded by IOOF MultiMix in October last year.

Intrust Super holds approximately $1.6 billion in assets under management and provides superannuation to more than 130,000 members and 10,000 employers.

Commenting on the decision to award Dalton Nicol Reid the mandate, Intrust CEO, Brendan O’Farrell said “Dalton Nicol Reid’s long-term outperformance and its efficient investment process focusing on quality stocks were key factors in the decision to award this mandate.”

The flagship Dalton Nicol Reid Australian Equities High Conviction Portfolio posted a 10% outperformance of its S&P ASX200 benchmark for the year ended Dec 2013 with 10 year outperformance of 4.2%pa.

Commenting on the mandate win, Dalton Nicol Reid acting CEO, Justine Hickey, noted; “Our long-term business strategy has been to expand our presence in the institutional space of the investment management industry and we are beginning to see the benefits of this strategy come to fruition.”

Intrust Super’s O’Farrell concluded, “Dalton Nicol Reid is a great addition to our existing Australian equity manager line-up, providing an even greater level of diversification to our members.”



For more information please contact:


Christine Toll
CompanyShed Media
Mobile0414 621163
ContactBrendan O’Farrell
CompanyIntrust Super
PositionChief Executive Officer
Mobile0410 524 384

About Dalton Nicol Reid

Founded in 2001, Dalton Nicol Reid is an independent Australian investment management company that delivers client-focused, quality, investment solutions to institutions, advisers and individual investors.

Rated by both institutional and retail asset consultants for our specialist expertise in managing Australian equities, we are a pioneer in the delivery of individually and separately managed accounts in the Australian market. Our position as Australia’s leading provider of Individually Managed Accounts reflects our commitment to excellence and the value we place on partnering with clients to deliver quality investment solutions.

We aim to deliver investment out-performance. Our experienced and dedicated investment management team delivers clients an unparalleled level of service, be they large institutions, advisers or individual investors.

Dalton Nicol Reid is a signatory to the Principles for Responsible Investment (PRI).

About Intrust Super

Intrust Super was established in Brisbane in 1988. It is a Platinum-rated, 100 per cent industry fund and manages about $1.6 Billion in investments on behalf of approximately 130,000 members.


IMPORTANT NOTE: This information has been prepared by DNR AFSL Pty Ltd ABN 39 118 946 400, an Australian Financial Services Licensee, Licence Number 301658. Whilst, Dalton Nicol Reid has used its best endeavours to ensure the information within this document is accurate it cannot be relied upon in any way and recipients must make their own enquiries concerning the accuracy of the information within. This document is not intended to provide you with personal advice and in providing this information, Dalton Nicol Reid has not taken into account your particular investment objectives, financial situation or needs. You should assess whether this information is appropriate for your particular needs, either by yourself or with your adviser. Dalton Nicol Reid expressly disclaims any responsibility or liability to anyone who acts or relies upon anything contained in, or omitted from, this document. Past performance is not indicative of future performance. Total returns shown are based on Dalton Nicol Reid’s model portfolio and have been calculated before taking Dalton Nicol Reid’s fees into account. No allowance has been made for taxation.
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