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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.
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