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.
27/05/2008
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Alternatives
The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.
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