Telstra Super lures family office heavweight

Telstra Super chief investment officer Jim Christensen has begun building out his investment team, eschewing the fellow displaced QIC colleagues one might have expected for a pair that includes perhaps Australia’s best known family office investor.

Joining Christensen as head of Australian equities is John Eliopoulos, who joins Australia’s largest corporate super fund after nine years as chief investment officer with  one of its largest family offices, that of the Myer family.

Eliopoulos was also the founding managing director of the related MF Asset Management, and long before that was a senior executive with the semi-legendary County Investment Management. He replaces Dan Farmer at Telstra Super, who left some weeks ago to join Jim Christensen’s predecessor, Steve Merlicek, at IOOF Holdings.

Meanwhile Greg Lee has joined the fund as head of property. He previously spent three years with the Juilliard Group as chief
operating officer, building a property team and establishing business tools for greater oversight, reporting and forecasting, while “significantly
increasing the income stream from a diverse range of property assets”, according to his new employer.

Before Juilliard, Lee worked at Deutsche Asset Management (now Dexus), Multiplex Investments and Heine Management Limited.

 

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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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