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 September 2007 00:00
establishment, susan, brings, prendergast, axa/axa, portfolios, beefed, professionals, appointment, division, detailed, modelling
Business strategy
The $237 billion megafund says that it’s ready for more mergers but that it won’t be a “buyer of complexity” in an already rapidly consolidating super system – even as it reverse the competitive outflow trend that has dogged profit-to-member super for years.
Leave a Comment
You must be logged in to post a comment.