Catherine Hallinan, acting chief operating officer of investment management and life at Zurich, is likely to take over the role permanently by March following Barry Tomkinson’s departure.
Tomkinson left the position in November. Rob White, corporate communications manager at Zurich, said that since the departure of Tomkinson for some “well-earned time off”, Hallinan had been filling in over the Christmas and New Year period. Zurich is not currently looking at any other candidates, and White said that with her 25 years of industry experience, Hallinan was an obvious choice for the position. Hallinan joined Zurich in 2006. Previously she was general manager, wealth strategy, at St George.
Future Fund chief investment officer Ben Samild said that FY24 has been a great year for alpha creation, thanks to strong returns in equities and, unusually, across multiple hedge fund strategies all at the same time. He reflected the past few years have been “a difficult time to be an asset owner and to generate positive returns for risk assets” but the Future Fund is tracking well of its long-term mandate.
Simon Hoyle and Darcy SongSeptember 4, 2024
