POWERED BY MOMENTUM MEDIA
Future Fund continues investment team restructure
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The Future Fund has announced the promotion of six investment professionals into new executive directors roles within its new investment team structure.
In September, the fund first revealed the new structure, which is organised into five pillars: portfolio design, real assets, investment capability and intelligence, portfolio risk, and responsible investment and listed equities.
Now, James Fraser-Smith has been promoted to executive director, infrastructure; Shikha Gupta to executive director, alternatives; and Jackie Chin to executive director, dynamic asset allocation.
Additionally, Marissa Rossi is now executive director, listed equities; Kelvin Mak Lui, executive director, private equity; and Wendy Hu, executive director, portfolio integration.
“The executive director roles will be primarily focused on the design and hands-on execution of their sector strategies, leading their teams, and driving performance,” the Future Fund clarified on Monday.
“They will work closely with the recently announced managing directors who will have a broader strategic role with a focus on leadership, team building and skills development, and our joined-up investing approach.”
Namely, the fund has previously announced that deputy CIO Hugh Murray will be tasked with leading the new portfolio design pillar that includes the alternatives, dynamic asset allocation, economics and capital markets, portfolio integration, and overlays and Treasury teams.
Meanwhile, Sam Killmier will be managing director for investment capability and intelligence, which includes investment team capability, technology and data, and research and insights.
Tammi Fisher and David Bluff will serve as joint managing directors for real assets, with Fisher leading the infrastructure and property teams, and Bluff overseeing private equity and credit.
Genevieve Murray, who leads the fund’s Sydney office and is part of the senior leadership team, will take on the role of managing director, responsible investment and listed equities, while Carol Lee will continue to lead the portfolio risk function as managing director.
According to chief investment officer, Ben Samild, the new structure is an evolution rather than a revolution in how the investment team was organised.
“These new managing director positions are designed as broad strategic roles, with a focus on leadership, team building and skill development,” he said in September.
“The structure will support our joined-up whole portfolio process and provide more opportunities for cross-team collaboration.
“The world is changing, and investors need to adapt their resources to meet the challenges and opportunities that creates.”
AUTHOR
Jessica Penny
Recommended for you
The retirement of two long-serving executives has presented an opportunity to consider operations and avenues for future growth, according to the fund.
The $340 billion fund has welcomed three senior investment executives to its London office as it continues to internalise the management of international equities, its single largest asset allocation.
The fund has hired a former ART executive as its new head of group strategy.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X Ultra Short Nasdaq 100 Hedge
96.66 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
3
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
4
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.63 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
