ART expands sustainable investment team with WTW hire
Australian Retirement Trust (ART) has appointed Tim Unger, who joins after more than 20 years at consultancy WTW.
Unger will work as a senior portfolio manager in its sustainable investment team of the $260 billion fund.
He joins ART from WTW where he worked for 22 years, most recently as head of sustainable investment, Australia.
ART head of sustainable investment, Nicole Bradford, said: “Tim’s talents and expertise will be a great asset to the team. He will be instrumental in driving a number of strategic priorities forward including our Net Zero 2050 Roadmap.”
The appointment comes following ART’s announcement to expand its sustainable investments team by eight, doubling in size. This includes two portfolio analysts and six portfolio managers.
Bradford said: “We are looking to grow our team to further drive implementation of ESG and climate change activities across our investment portfolio, as well as build out and deliver a number of areas of focus the Fund is undertaking. That’s what my team are focussed on supporting, so it’s an exciting time to be at the heart of something that is very member-focussed.
“As a systemic risk, if climate change is left unabated, it will impact the global economy. This means that to act in members’ best financial interests and help protect their future financial wellbeing, funds should be considering climate change alongside other traditional financial matters throughout all aspects of the investment process.
“What we also know is that members are becoming more conscious of ESG issues and there is a growing demand to understand how their retirement savings are meeting sustainable objectives.”
Last week, ART chief executive Bernard Reilly announced he will be stepping down as CEO of the fund from February 2024. Reilly was the former chief executive of Sunsuper prior to the merger with QSuper in February 2022.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Recommended for you
The $205 billion super fund has appointed Simon Warner as chief investment officer (CIO) following a global search to replace outgoing Damian Graham.
Industry super fund Rest has appointed an interim head of private markets following the exit of Simon Esposito.
Two former Statewide Super executives have been acquitted of dishonesty charges following a trial in the District Court of South Australia.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the institutional channel.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
215.17 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
118.15 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
75.00 3 y p.a(%)
4
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
61.11 3 y p.a(%)
5
Global X Ultra Long Nasdaq 100 Complex ETF
60.93 3 y p.a(%)
