TRM’s board members now comprise two Russell Investments staff – chief financial officer Jacqueline Waldthausen and director of governments & institutions Anna Hocking – along with four independent directors in Tim Trahair, Bruce Edwards, Marian Carr and chairman David Solomon.

Carr is a former client of Russell Investments, from her days as chief investment officer of the Harwood Superannuation Fund, the scheme for retired employees of CSR and Rinker which remains administered by Russell today.