Stephen Lam’s new role within the merged Suncorp group will include hands-on responsibility for the $1.6 billion international equities portfolio.
Lam, previously the general manager of investment management at a pre-merger Suncorp, has been anointed as general manager of investment strategy & operations following the absorption of the Tyndall Investments business. The group’s new general manager of asset management, Brett Himbury, said Lam would relocate from Brisbane to Sydney in a role which will include management of the outsourced international equity portfolio, and provision of strategic asset allocation advice to the internal managers of parent Asteron’s insurance statutory funds – the majority of the group’s $27 billion under management. The development of new products, and oversight of the middle office, will also be in Lam’s remit.
The changing nature of volatility in financial markets and a more client-centric approach that allows allocations to be tailored is helping more institutions adopt a total portfolio approach to investment management, the Fiduciary Investors Symposium at Stanford University has heard.
Prashant MehraOctober 8, 2024
