A key architect of the compulsory retirement savings system lauds its many achievements, stretching from the national economy to the individual. Where it’s double faulting is in serving members – and it needs to be addressed promptly.
With performance and diversification driving demand, these funds are expected to experience four-fold global growth over the next decade to nearly $AU65 trillion.
Tribeca renews sales effort
Alexandra McGuigan
Tribeca Investment Partners, an affiliated manager of Grant Samuel Funds Management, has appointed a new head of business development, after splitting the role for the past two years between the portfolio managers and the Grant Samuel marketers.
Alexandra McGuigan has left third-party marketer Shed Enterprises to take up the role, which was last filled by James Savage, who is now at Franklin Templeton.
McGuigan was at Shed for a little over three years and prior to that at Investec Bank and BNY Mellon Asset Management in marketing roles.
Tribeca, formed in 1998 by Paul Jenkins, who sold his interest in 2007, and the current chief executive, David Aylward, offers three main strategies: a 130:30 fund, which it calls ‘Alpha Plus, run by Sean Fenton; a small-cap fund run by Aylward; and a global total return fund run by Chris Daily. It has about $1.8 billion under management.
