AvSuper, the A$2.2 billion ($1.7 billion), Canberra-based superannuation fund for Australia's aviation industry and related sectors, hired Frontier Advisors as its primary investment consultant, effective Jan. 1.
Denise Allen, the chairwoman of AvSuper's investment committee, in a Nov. 23 news release said "we are excited to start work with Frontier," after nine years working with JANA, Australia's other big, local investment consulting firm.
Ms. Allen added in the release that AvSuper had a great relationship with JANA. She couldn't be reached for further comment Monday.
Ken Marshman, JANA's chair and head of guidance, couldn't immediately be reached for comment.