The new investment committee chair of Local Government Super Scheme NSW (LGSS) will be decided at a board meeting this month, following the retirement of employer representative John Wearne at the end of June.
The end of August saw the departure of another veteran employer-appointed trustee, with Peter Woods retiring from his seat after more than 10 years (spent mostly as chair) and also leaving the board of LGSS’s funds manager, FuturePlus. Replacing Wearne as the Shires Association of NSW representative on the LGSS board is Col Sullivan, an officer of Casino shire, while Woods’ replacement as Local Government Association of NSW trustee is Sam Byrne from Marrickville council.
18 September 2007 00:00
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Investments
Portfolios built for the old world will be severely tested as emerging forces rewrite the rules of investing. The Top1000Funds.com Fiduciary Investors Symposium heard that geopolitical and macroeconomic upheaval, together with the disruption wrought by AI, should force asset owners to rethink the structure and composition of portfolios.
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