Mercer IC analyst joins former boss at NGS Super

The $2.5 billion Non-Government Schools Superannuation Fund (NGS Super) has recruited a former Mercer Investment Consulting (Mercer IC) Australian equities manager researcher to its team.

As a researcher with Mercer IC, Megan Pham worked alongside Bill Dwyer, the former head of Australian equities manager research at the consultancy who became the chief investment officer of NGS Super in August 2008.

Pham left Mercer to join the industry fund in early February.

She took part in the implementation of the new international and emerging markets equities mandates that the fund awarded in late 2008.

Allocations to Barclays Global Investors and AMP Future Directions Funds were terminated, and mandates awarded to funds run by Baillie Gifford, Deutsche Bank, Orbis, Pzena, Holowesko, Taube Hodson, Wellington and Charlemagne.

The international equities portfolio accounts for roughly $600 million of the fund’s total assets.

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Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

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