Senior JPMorgan Investor Services relationship manager, Paul Coenraads, has left to perform a similar role at his long-time client, the Auscoal superannuation fund.
Coenraads worked at Commonwealth Custodial Services until its master custody business was sold to National Custodian Services in 2003, but Coenraads jumped to JPMorgan instead and took the fund then known as the Queensland Coal & Oil Shale Mining Industry Super Fund (QCOS) with him. QCOS merged with Newcastle-based Coal Super last year to form Auscoal. A JPMorgan spokesperson said a search was underway to replace Coenraads, who started at Auscoal on Monday last week.
19 September 2006 00:00
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Investments
Global equities have driven most of MLC’s FY26 return so far, but its exposures to insurance-linked securities and “esoteric” credit have also put in the hard yards and helped the fund diversify beyond the AI thematic, according to chief investment officer Dan Farmer.
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