Appointments

The $85 billion industry fund has poached its new head of infrastructure from Hostplus as it looks to double down on an ambitious new five-year investment strategy.

As the fund contemplates managing $700 billion by 2030 it’s looking for new ways to invest with a global portfolio mindset and chase hot assets in local markets to drive value creation for its members.

The association of Superannuation Funds of Australia is still on the hunt for a chief executive to replace Martin Fahy, but has turned to the former CEO of Spirit Super to shoulder the load in the meantime.

Australia’s biggest super fund has sharpened its focus on offshore markets with the appointment of a new head of international and private equity operating out of its London office.

The asset consultant has rounded out its real assets and private markets research with two new appointments as both areas grow in importance to the institutional investors it services.

The chief investment officer of New Zealand’s largest non-government fund manager will leave at the end of this year after it revealed new potential arrangements with Mercer and BlackRock.

The $250 billion industry fund has hunted two new heads for its investment team while it chips away at a digital transformation project that will support its move to internalise 50 per cent of assets.

Jessica Donohue has a 20-year pedigree with the asset servicing and fund management firm, with leadership roles in its asset owner, investment services and academia segments. She replaces retiring Rick Lacaille as head of global investment insights, sustainability and impact.

AustralianSuper’s appointment of a new deputy CIO with the lion’s share of responsibility for its overseas investments demonstrates the growing importance of international diversification for the country’s biggest funds.

Kristian Fok has been appointed CEO of Cbus following the departure of Justin Arter and as the fund launches a new five-year investment strategy that will see it in-house another 12 per cent of its assets under management.

Martin Fahy has stepped down as CEO of the Association of Superannuation Funds of Australia (ASFA) after seven years at the helm where he played a “pivotal role” in addressing the policy and regulatory changes of the period.

Specialist investment and wealth management consulting firm KONU has boosted its ranks with the addition of the former chief operating officer of AMP Capital Public Markets.