Industry fund legalsuper has appointed a new chief investment officer.
The fund announced this week it had appointed former Australian Unity head of portfolio management, Edward Smith, to the role.
Confirming Smith's appointment, legalsuper chief executive, Andrew Proebstl said it would increase the fund's internal investment expertise and create more capability to access investment opportunities that might not be readily accessible to larger super funds.
He said Smith would play a lead role in advising the fund's Investment Committee and Board on investment strategy, and overseeing all aspects of legalsuper's investment arrangements.
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.