Scott Malpass, a former aircraft engine and airframe technician for the Royal Australian Air Force, has been hired by AvSuper as its first investment officer. He begins work tomorrow.
The aviation and aviation safety industry super fund uses 24 fund managers to manage $1.2 billion for 6000 members, says Michelle Griffiths, chief executive of AvSuper.
“We’ve got an engaged membership that want information about their investments down to the micro level,” says Griffiths. AvSuper has been talking for about two years about hiring an investment officer, she says.
Malpass will make a detailed analysis of fund manager performance and custody, and will deal with AvSuper’s investment consultants Jana and other investment issues, says Griffiths.