As Tyndall Investments prepares to announce its new head of marketing, former Suncorp Investment Management marketing chief Katherine Youhanna is considering an offer from the ex-Suncorp domestic equities team at Solaris.
Youhanna, who had been acting co-head of marketing with Maria Pavlellis, left Suncorp last week and was thought to have taken a marketing role with Solaris. However managing director of the new Australian equities manager, Denis Donohue, said Youhanna was only considering an offer at this stage. “;In all honesty it’s possibly a little early for us [to employ a marketer], but when someone of Katherine’s capability becomes available, you just make it work,”; he said. Donohue said Youhanna wanted to take some time off after her resignation from Suncorp, and asked for a short time to consider the Solaris offer. In any event, Donohue envisioned Solaris – which now has $210 million under management from four investors – would need a marketing staffer within six months. Meanwhile Suncorp IM’s southern states BDM, Roger Prezens, left last week for a similar role at UBS Global Asset Management.
QIC is gearing up to expand its hedge fund allocation as – together with insurance exposure – the “strong double-digit return” of its liquid alternatives portfolio was a key contributor to the fund’s record $8.9 billion earnings in the 2024 financial year. Chief investment officer Allison Hill explains why global sovereign wealth funds are hot on hedge funds.
Darcy SongOctober 24, 2024
