QSuper’s QIC liaison leaves, takes 2IC with him

The head of investment services for the $25 billion QSuper has left for academia after less than a year at the fund, and taken his 2IC with him.

Michael Drew, who provided technical and strategic advice for QSuper on the investment program implemented by QIC, only joined the public sector fund late last year but has now departed for Brisbane’s Griffith University where he will be an Associate Professor of Finance.

Drew’s assistant, Adam Walk, has left as well. It is understood Walk will work in Drew’s office at the University while undertaking PhD studies.

The immediate replacement for Drew is Philip Greenheld, but it is not known whether this is permanent. 

QSuper chief executive, Rosemary Vilgan, was unavailable for comment.

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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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