…as fund targets risk first, then return

Sydney has been appointed an investment strategist, with responsibility for managing the Australian and international equity portfolios and multi-manager line ups.

Dwyer’s previous roles include research consultant at Mercer Investment Consulting in Sydney, consultant for Trowbridge Deloitte in Melbourne and actuarial analyst for William M. Mercer in

Perth.

As reported by I&T News in June, Steve
McKenna took up his new position as senior investment strategist last week,
with responsibility for debt and alternative investments. McKenna was
previously head of absolute returns at Everest Financial Group.

Based on strategy work carried out last
year, which reviewed the fund’s approach to debt within the portfolio, Hicks
said GESB was seeking a discrete approach to sovereign debt, which would sit as
a core focus within the portfolio, and a discrete approach to credit.

“It’s really just aggregating the total
debt portfolio into its core sovereign bucket which sits there as a long-term
permanent allocation within the portfolio, supplemented by credit and credit
strategies, that will form part of our alternatives portfolio,” she said.

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Robeco CIO says AI winners and losers will be decided within a year

Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.

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