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.
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
