The chief executive of the $40 billion fund says that bringing back defined benefit funds could make the public service an attractive career path again and strengthen the social compact with nurses, teachers and police.
The set-up for emerging markets is better than ever, and harks back to the beginning of their decade-long run following the end of the Asian financial crisis. And while Trump has investors running scared, fears about another brushfire trade war are overblown.
BT fills top sales role
(Pictured: Chris Clayton)
BT Investment Management has filled the role of head of sales and marketing, vacated last year by Martin Franc, with the recruitment of the similarly experienced Chris Clayton from National Australia Bank.
The move was announced last Friday, together with the recruitment of Hayden King from FuturePlus as chief operating officer.
Clayton had been head of asset management, sales, at NAB for just under a year. Prior to that he spent more than six years at Acadian Asset Management building that business as its first full-time Australian representative. He has had other institutional business development roles at Colonial First State stretching back to 2001.
King also spent several years at Colonial First State before his FuturePlus role and also at MLC.
Franc left BTIM, based in Sydney, last August to take up the Melbourne-based role of chief executive at Invesco Ltd. Franc had been associated with BT for much of his career, starting in 1994.Â
