Jean Elborn gets new super fund job

Well-respected super fund executive, Jean Elborn, has a new role after a period of consulting to the Harwood Superannuation Fund.

Elborn started as assistant fund executive at the $6 billion-plus NSW Local Government Superannuation Scheme (LGSS) last month. LGSS chief executive, Peter Lambert, said Elborn’s three-day-a-week role would help ensure the fund’s “;trustee policy and governance framework functions properly”;. Lambert said the role was newly created in response to his expanded responsibilities since being promoted from the ‘fund secretary’ designation. Elborn is perhaps best known for her ten year stint as group superannuation manager for media giant News Limited between 1993 and 2003.

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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