Bill Wawn, MLC general manager distribution solutions, left the organisation last week less than six months after assuming a new position with the group.
Wawn was also head of BT wrap from 1999 to 2002 and was appointed chief of MLC’s high-end wrap platform MasterKey Custom soon after. However, he moved to his new job after a management reshuffle this January at MLC that was initiated by National Australia Bank CEO, Ahmed Fahour. Aside from BT, Wawn has also had stints at Tower and over a decade at Macquarie retail funds management.
9 May 2006 00:00
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Investments
Ian Patrick, chief investment officer of the $370 billion Australian Retirement Trust, says that integrated balance sheet management will “beyond a shadow of a doubt” become a more prominent feature in the superannuation industry as funds grapple with the compounding effects of their growing size, systemic importance and the liquidity needs of servicing a larger cohort of retirees.
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