Australia’s superannuation funds have nearly the highest proportion of internal asset management in the world, but there’s plenty of questions hanging over the practice even as funds push into more expensive niche asset classes.
The retirement chief of the $335 billion AustralianSuper, who was “instrumental” in delivering a slew of member experience uplifts across a 17-year stint with the fund, will leave this month to establish a new venture.
Frontier hones private markets, real assets capabilities
Daniel Cave will join Frontier as a senior consultant in its real assets team with a focus on infrastructure, broader real assets research and client responsibilities. Prior to Frontier he was a senior investment analyst at Zenith, after working at KRA Wealth Management as a financial adviser.
Yeukayi Kadzere (pictured) joins as a consultant in the defensive assets and private markets team, with her role split between private markets research and direct client research. She previously worked in strategy and M&A deal advisory roles at Sayers Group and Golden Gate Advisory, and has also held analyst roles at PwC, BHP Billiton Iron Ore and KPMG.
“The real assets space has been a strength of Frontier for more than twenty years and in particular infrastructure continues to be a strong focus for our research program, so Dan’s experience grows this further,” said Frontier director of research Paul Newfield.
“At the same time, bringing in Yeukayi’s expertise in company valuation and analysis in the private markets area bolsters our stocks in this increasingly key area for our clients. We’re excited to have them both join our team in roles designed to allow them to bring their expertise directly to our clients.”
The appointments follow those of Alice Berriman and Viola Miao back in March. Berriman, who joined from HESTA’s portfolio construction and risk team, joined the capital markets and asset allocation team and was also slated to work with Frontier’s emerging quantitative team. Miao came to Frontier through its six month PhD internship program before being appointed to a permanent role as a quantitative analyst.
