State Super Financial Services announced that Michael Monaghan would become its new managing director, replacing Peter McKillop who retired. Monaghan, an actuary, has previously been CEO of Deutsche Asset Management and Intech Investment Consultants in Australia. Catch up with these I&T News exclusives, using the tab at investmentmagazine.com.au: The 13-year veteran of BlackRock, Ken Liow, who rose to become head of Scientific Australian Equities and then head of investment strategy, resigned following the payment of annual bonuses. Senior institutional salesman at Russell Investments, Chris Briant, left to become the chief executive of Tibra Investment Management, a subsidiary of global trading firm Tibra Capital. The man responsible for Mercer’s $17 billion multi-manager business in Australia, Gary Burke, was restructured out of the firm. His responsibilities were absorbed into the Asia-Pacific role of Stephen Roberts.
Unintentional
Institutional investors have broadly welcomed the advent of a mandatory climate disclosure regime, but the reality is they face a slew of new and complex governance, risk management, planning and testing requirements. It is little wonder HESTA CEO Debby Blakey has called the net-zero push the "biggest transition any of us will be involved in".
Leave a Comment
You must be logged in to post a comment.