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.
Australian Wildlife Conservancy has an ambitious goal to grow its newly established endowment fund to $100 million in the next decade, and to get there, the not-for-profit is counting on gradually building an investment track record and securing more direct support from sponsors.
Darcy SongOctober 10, 2024
