The $38 billion NSW State Super is on the cusp of recruiting an investment analyst to its team.
Chris Durack, chief executive officer of NSW State Super, said the research analyst would not work within narrow parameters but conduct research across markets and monitor the fund’s relationships with external managers.
“It’s an evolutionary process, not a revolutionary one…to strengthen our resources,” Durack said.
The analyst, who will report to chief investment officer Martin Drew, will bring the headcount of NSW State Super’s investment team to five.
The fund did not appoint a recruitment firm to find candidates for the position, but performed the search independently.