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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Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

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