Bernstein has appointed James Crawford, formerly head of strategy and business development at IAG Asset Management, as senior portfolio manager.
Crawford, who was previously responsible for IAG’s strategic asset allocation and external manager portfolios, will join Bernstein’s Australian equities team reporting to Stuart Rae, Bernstein’s Australian chief investment officer. He will also work with US-based senior portfolio manager, Kevin Boreen, on the Global Value team. “This is a significant step forward for Bernstein in Australia. It demonstrates the commitment that Bernstein is making to our market and our growing Australian client base,” Rae said. Prior to IAG, Crawford spent seven years as consultant and principal at Towers Perrin and six years at Commonwealth Funds Management where he held several roles including economist, portfolio manager and head of research.
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Investments
The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.






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