POWERED BY MOMENTUM MEDIA
AustSafe hires head of investments
AustSafe Super is the latest superannuation fund to pull its investment strategy in-house, with the appointment of Simon Mather as head of investments.
Mather will focus on sourcing successful co-investment opportunities and executing the fund's investment governance and engagement framework, having previously worked with Energy Super and QSuper.
AustSafe chief executive Craig Stevens said the appointment represented a milestone in the advancement of the fund's investment strategy and its investment processes.
"In the last couple of years the fund has made a number of successful co-investments. Simon's appointment will provide us with the in-house capacity and skill to pursue more innovative opportunities like these," he said.
AustSafe said investment was an area it saw as providing real benefit for members through the delivery of improved investment outcomes, especially in light of APRA's Prudential Standards.
AustSafe Super has over 125,000 members with funds under management of over $1.1 billion.
A number of super funds have made internal investment hires this year.
AustralianSuper announced it would bring its investment expertise in-house earlier this week, while legalsuper hired David St John as independent director to the investment committee as part of a plan to bolster its in-house investment team in July.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
