The former fund secretary of Non-Government Schools Super, Sue Willems, has left her senior policy advisor role at the Association of Superannuation Funds of Australia (ASFA) for a newly created role at another super fund.
Willems has joined the Sydney-based Catholic Super & Retirement Fund (CSRF) in the newly-created role of risk & compliance manager. ASFA deputy CEO, Brad Pragnell, said Willems was in the process of being replaced. The CEO of CSRF, Greg Cantor, was unavailable for comment on Willems’ appointment, part of a growing trend for super funds to employ internal risk management resources.
18/03/2008
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Alternatives
The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.
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