QIC has beefed up its fixed interest team after the establishment of the new position, global fixed interest beta manager.
Bill Prendergast, former senior portfolio manager at AXA/AXA Rosenberg, has been appointed to the new position which will sit between the global fixed interest and strategy divisions. General manager, global fixed interest, Susan Buckley said the role will inlcude detailed research and financial modelling of beta portfolios. Prendergast’s appointment brings QIC’s fixed interest division to 21 investment professionals.
18/09/2007
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Business strategy
In an interview with Investment Magazine, Aware Super CIO Simon Warner says the new investment team structure will help it to tackle “difficult investment challenges”, strengthen whole-of-fund decision making and make sure its portfolio is generating the best possible returns for members.
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