The equities team at the Future Fund, which is currently responsible for more than $25 billion in mandates with external managers, has added a fourth member from the senior ranks of a retail funds rating agency.

Bronwen Moncrieff will start in late March as an analyst in the Future Fund’s equities team, after three years as a senior research analyst at Lonsec.

She will report to Elspeth Lumsden, who heads the equities team which also includes Sarah Carne as equities manager and Wendy Hu as equities analyst.

Moncrieff previously spent nine years at Russell Investments, where she was a research manager for US small cap and growth equities managers.