First it was regional CIO Lochiel Crafter returning to Sydney to run the ARIA funds, then international business head Mark Lazberger leaving London for the Colonial First State GAM top spot – now another senior Australian import within State Street Global Advisors is homeward bound.
As part of a reshuffle to cover Lazberger’s responsibilities, Bernard O’Reilly will expand his regional managing director responsibilities to include Japan, a country Lazberger had previously covered. As part of the promotion, Reilly – whose 16 years at SSgA include a stint as managing director Australia – will relocate from Hong Kong to Sydney later this year. Reilly was on leave and unavailable to comment at presstime. Meanwhile Greg Ehret, SSgA’s head of European sales and distribution, has been promoted to business head for Europe, Middle East and South Africa.
01/07/2008
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Investments
Aware Super has backed the call for a legislative change that will introduce mandatory human rights due diligence for large Australian companies, as head of responsible investment Liza McDonald said it’s a “reasonable request” which will help asset owners understand and manage the governance risks in their portfolios.
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