State Super

Hedge Funds

Stephen Knight to leave TCorp

Stephen Knight, chief executive of TCorp, has announced his resignation and will look to step down from his role within the next three months. The move comes two months after Knight completed the merger of the investment teams and operations for the State Super, Safety, Return to Work and Support and TCorp funds to create […]
Hedge Funds

$70bn TCorp to streamline providers

The bond portfolio and manager line of the newly merged $70 billion funds management operation of TCorp will place a  greater reliance on in-house management. The move will come as part of a general review to find the optimal mix of providers for State Super, TCorp and Safety, Return to Work and Support (SRWS) which […]
Governance

Heads of merged NSW funds named

Mark O’Brien has been picked to head portfolio management for the amalgamated $60 billion New South Wales government funds. O’Brien, who is currently general manager of investments at State Super, will be joined in the management team by Steve McKenna, current chief investment officer for Work Cover, who will look after client interaction and solutions. […]
Investment Strategy

State Super to gain admin savings of $65bn fund

State Super is to gain the economies of scale of sharing a common administration platform, due diligence, manager appointments and reporting with TCorp and the Safety, Return to Work and Support Division. The NSW treasurer and the minister for finance and services have announced the merger of activities to gain greater cost efficiencies for each […]
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 […]
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