Craig Turnbull

CIO profiles

Super CIOs in joint call for a more equitable society

Greater co-operation of superannuation funds is needed to check growing wealth inequality, leading chief investment officers told delegates. The call arose in a discussion of Thomas Piketty’s best-selling finance book Capital in the 21st Century and its warning that the rate of capital accumulation is growing faster in western societies than the economy. This, Piketty […]
CIO profiles

Profile: Craig Turnbull CIO Local Government Super

Some of Local Government Super’s ideas on ESG arise from a requirement that even its most red-blooded active manager must research it as part of their investment process. Chief investment officer, Craig Turnbull, says: “We will only use managers that think about ESG factors when making their investment decisions, so that it is making a […]
Hedge Funds

Local Govt Super to 'index' for itself

The $6 billion NSW Local Government Super (LGS) plans to manage an international equities portfolio internally from next month, using a systematic enhanced indexing methodology that may eventually allow it to replace active managers.