From Sunsuper to Singapore Govt. for Bev Durston

The former deputy chief investment officer of Sunsuper, Bev Durston, has resurfaced in London as a senior investment manager for the Singaporean Government.

Durston left Sunsuper last March, following a management restructure in the investment team that is lead by David Hartley. Prior to that she was head of portfolio risk management at BT Funds Management. Durston’s new role is at the Government of Singapore Investment Corporation (GIC), as a senior manager in its External Fund Management Department. She is responsible for manager selection in the GIC’s equities products.

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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