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.
The $355 billion AustralianSuper has acquired a $1.4 billion European industrial and logistics portfolio, owned by OMERS real estate subsidiary Oxford Properties. The nation’s biggest fund is targeting a $7.5 billion valuation for the venture and $35 billion allocation in European and UK region before 2030, supported by its biggest international office in London with 121 employees.
Darcy SongJanuary 14, 2025