The role of chief executive at GMO Australia will be split between two current executives, following the departure of executive director Paul Chadwick.
A Boston-based spokesperson for GMO said last week that Jason Haliwell, who is in charge of the Australian asset allocation strategy, would take on Chadwick’s investment responsibilities, while Glenn Howard, a marketing and client service person, would take on the client-facing responsibilities. As reported last week, Chadwick left following the purchase of his shares in the Australian subsidiary by the parent. He had been with GMO since shortly after its inception in Australia in the early 1990s. Chadwick said he would be considering whether or not to rejoin the industry after a period of “gardening leave”.
29 April 2008 00:00
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Investments
The Future Fund delivered a 14.8 per cent one-year return to June 30, 2026, attributing the return to a combination of exposure to commodities, geographic diversification, an increased focus on active management and low exposure to bonds. Newly minted chief investment officer Richard Brandweiner also highlighted strong performance in emerging markets.
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