Innes McKeand

Hedge Funds

AustralianSuper appoints two to small caps team

AustralianSuper has hired two people to run domestic small caps and is in process of appointing a third. George Batsakis, formerly of Goldman Sachs, and Luke Smith, formerly of Canaccord Genuity, have joined the fund which is in the process of establishing its small caps and global equities teams, projected to reach as many as […]
Investment Strategy

Equity markets fair value at current prices

Two of Australia’s biggest institutional investors have called current equity markets fair value despite a year-long spike in prices. Both AustralianSuper and the Future Fund acknowledge the susceptibility of markets to bad news around high government debt in developed markets, but are not nervous about valuations. Innes McKeand head of equities at Australian Super, said: […]
Hedge Funds

AustralianSuper weathers fund manager hostility

Mark Delaney, chief investments officer of AustralianSuper has sought to calm fund manager hostility to his fund’s rolling plan to manage money internally. This follows a formal announcement by the fund that managing a proportion of equities, property and infrastructure in-house will eventually deliver savings of $150-million per year (or 15bps) on external fund manager […]
Hedge Funds

Building inhouse team at State Super

State Super is building its inhouse team, appointing former AMP Capital chief investment officer, Mark O’Brien, to general manager of investments. In a move that echoes a rising industry trend of hiring outside the sector, State Super’s chief executive, John Livanas, says industry silos are being broken down and it’s a good thing for the […]