Hugh Loughrey joins Qantas Superannuation

Qantas Superannuation Ltd., the $6 billion fund for current and former employees of the airline, has hired Hugh Loughrey as head of legal, risk and compliance.

Loughrey, who was recently working as chief legal counsel at BT Financial Group, will begin work at Qantas on November 28.

“Hugh brings considerable expertise and commercial judgement to Qantas,” said Andrew Spence, acting chief executive of Qantas Superannuation, in a statement.

The fund is searching for a permanent chief executive to replace Janet Torney who resigned in August. Spence is also the chief investment officer of Qantas Superannuation which has about 33,000 members and traces its origins to 1939.

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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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