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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Investments
Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.
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