When Steve Merlicek unveils his new investment team at IOOF, as he is expected to do soon, it will be a well-read story on I&T News if the former Telstra Super CIO’s track record is anything to go by.
The story of Merlicek’s abrupt departure after his many years running investments at Telstra Super was easily the most clicked story on I&T News in 2009. Our newsletter is sent to almost 6000 email addresses every Tuesday morning, and lets just say that most of you caught up on Merlicek’s big move, either through your inbox or directly by visiting www.investmentechnology.com.au.
One who did not, at least initially, on that morning of Tuesday September 7 was Nicole Connolly, Telstra Super’s head of alternatives. On maternity leave at the time, Connolly had registered for that day’s Conexus Financial Absolute Returns Conference in Melbourne, as a way of keeping up with latest industry trends. She was certainly brought right up the date when she strode into morning coffee and was shocked to hear 20 delegates ask her – “What’s the story with Steve?”.
Other well-read exclusives for the year included our report that JBWere veteran Justin Arter would succeed Syd Bone in running VFMC; that Mike Fitzpatrick was back on the infrastructure paddock through a takeover of ANZ’s trusts in partnership with their long-time manager John Clarke and private equity stalwart Les Fallick; and AustralianSuper’s momentous decision to sack half of its Australian equity managers and direct the $3bn proceeds downstairs to Industry Funds Management.
I&T will be back in your inbox, with institutional funds management news you can use, on Tuesday January 5. Now get some rest everybody!