In a market that’s too stressed about inflation, cash is king among the income assets, according to Schroders.
Tasmanian fund loses chairman
Doug Fry
Tasmania’s largest industry super fund is losing its chairman, Doug Fry, prompting a national search for a replacement.
Ex-MIR resource seeks Pinnacle ‘lifestyle’
Pinnacle Investment Management has named an ex-MIR Investment Management senior portfolio specialist as its director of product and strategy, saying the expansion of the team will further support the growth of its investment management boutiques.
NAB Asset Servicing recasts staff
The team at NAB Asset Servicing staff has been “recast” to “freshen up responsibilities”, said the custodian’s executive general manager, Leigh Watson.
Mercer’s sustainability supremo joins Catholic Super
Garrie Lette
Catholic Super’s incoming head of sustainability, who has recently been hired from a global role with Mercer in London, will design and implement a whole-of-fund sustainable investment program for the $4.1 billion fund.
Sunsuper begins after-tax benchmarking
In a move signalling greater tax awareness among superannuation funds, Sunsuper has benchmarked a $700 million Australian equities mandate to the new FTSE ASFA index, which incorporates the impact of capital gains tax (CGT) upon the performance of the largest 300 listed companies.
Citi plucks JP Morgan WSS’ super specialist
Citi’s custody business has lured JP Morgan’s lead relationship manager among superannuation funds to become its new head of product as it builds its presence in the Australian market.
FuturePlus loses CIO in ongoing staff churn
Michael Block
The changes in senior management continue at FuturePlus Financial Services with the sudden exit of its investment chief, Michael Block, last week.
Ex-MIR resource seeks Pinnacle 'lifestyle'
Pinnacle Investment Management has named an ex-MIR Investment Management senior portfolio specialist as its director of product and strategy, saying the expansion of the team will further support the growth of its investment management boutiques.
Mercer's sustainability supremo joins Catholic Super
Garrie Lette
Catholic Super’s incoming head of sustainability, who has recently been hired from a global role with Mercer in London, will design and implement a whole-of-fund sustainable investment program for the $4.1 billion fund.
Citi plucks JP Morgan WSS' super specialist
Citi’s custody business has lured JP Morgan’s lead relationship manager among superannuation funds to become its new head of product as it builds its presence in the Australian market.
