POWERED BY MOMENTUM MEDIA
REST appoints Ken Marshman as independent director
REST Industry Super has appointed Ken Marshman to its board as independent director, chairman Rohan Jeffs has announced.
"Ken will bring a significant contribution to the board and investment committee, particularly in relation to its investment deliberations, based on his long period of service with JANA Investment Advisers as chair and head of investment outcomes," Jeffs said.
Marshman will work closely with JANA's advisers, JANA founder John Nolan and REST management.
"The strong, market-leading investment performance which REST has achieved over the last three, five, seven and 10 years has been a direct result of the advice from both JANA and Mr John Nolan, the founder of JANA, both of whom REST has had a close relationship with since its inception over 25 years ago," Jeffs said.
REST has close to $29 billion of funds under management.
Super Ratings recognised REST Industry Super as the best-performing balanced option over the decade to June 2013 after an 18.42 per cent return for its Super Core Strategy in 2012-13.
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
91.29 3 y p.a(%)
2
L1 Capital International
69.55 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
36.96 3 y p.a(%)
4
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
35.77 3 y p.a(%)
5
GAM LSA Private Shares AU I
34.22 3 y p.a(%)
