VicSuper has appointed Kevin Wan Lum as head of equities and alternatives who will be responsible for managing a combined portfolio of over $10 billion.
With the fund recently increasing its strategic allocation to alternative assets from six per cent to 10 per cent, chief investment officer, Oscar Fabian, said Lum is a great hire.
"His depth of knowledge and experience, especially in alternatives will be a valuable addition to the VicSuper investment team's skill set," he said.
Lum was most recently a portfolio manager for equities and property at Ibbotson Associates. He was also a portfolio manager for Implemented Solutions with QIC, and was the owner and director at Antipodal Capital Management that specialised in investment solutions and multi manager strategies.
VicSuper also hired Effie Tsiaousis as an investment risk analyst who will be responsible for running the risk model in the BlackRock Aladdin system.
Commenting on risk, Fabian said the fund has a "need to enhance our risk management capabilities, including more stress testing of risk scenarios."
Tsiaousis previously worked at Milliman as a financial risk consultant, and before that in equity derivatives at the Australian Securities Exchange.
The Association of Superannuation Funds of Australia has appointed a new director representing industry funds, among a number of other appointments in recent months.
The Association of Superannuation Funds of Australia has tapped an experienced public policy executive as head of policy and advocacy.
The firm has welcomed an experienced financial services executive, who helped establish Vanguard's superannuation business, as its new chief financial officer.
The $8.9 billion fund has tapped a fintech company headquartered in Rotterdam as investment performance consultant.
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