Greg Nolan

CIO profiles

Branton is CareSuper’s new general manager investments

Suzanne Branton has been appointed as the new general manager, investments at CareSuper, after eight years at Equip Super as a senior portfolio manager with responsibility for asset allocation. She moves to the $10 billion fund after Greg Nolan’s decision to step down as general manager, investments. An additional two people will also be recruited […]
CIO profiles

Greg Nolan to step back from full-time role at CareSuper

CareSuper has announced Greg Nolan is to stand down from his role as general manager of investments at the end of the year. He will stay at the $8 billion fund in a part-time role on specific investment projects and the recruitment process for his replacement will commence shortly. Julie Lander, chief executive of CareSuper, […]
Investment Strategy

‘Rush’ to boost internal investment capability

The pace of increase in internal investment teams at superannuation funds is increasing, according to an Investment Magazine survey. Feedback from 19 chief investment officers at some of the largest super funds found that 40 per cent are planning on adding internal capacity over the next three years. A year ago the same survey found […]
Unintentional

The unintended consequences of regulation

The latest round of legislation aimed at overhauling the system has been a challenging period for super funds which have been focused on launching low-cost default MySuper products, overhauling back office transactions through the SuperStream measures, while also improving governance and disclosure. Three-quarters of super fund chief executives recently surveyed by the Financial Services Council […]
Investment Strategy

CareSuper gets defensive

CareSuper has awarded two $100-million mandates to GMO and Wellington in an effort to shift its absolute return portfolio to a more defensive position. The $7.7-billion fund has awarded just over $100 million to the GMO Multi-Strategy Trust and just under $100 million to the Wellington Global Total Return Fund in the past month, according […]
Opinion

A letter to Tony Abbott

Dear Prime Minister In January 1999 you gave a highly persuasive speech about the folly of Australia swapping its current constitution for an unproven model. In the speech, which appears in a book entitled Men and Women of Australia, our greatest modern speeches, you recognised that the current constitution had some alarming incongruities, but for […]
Governance

Care Super and Asset Super post-merger

When CareSuper and Asset Super sat down to work out their post-merger investments, they quickly found that the two funds together had around 40 managers – and only one of them was in common. They had a common custodian, in National Australia Bank asset servicing and the same administrator, in AAS, but rationalising and then […]