UniSuper has hired Toby Bourke to its Australian equities team.
He joined from Bell Asset Management where he was head of trading for three years.
He would report to head of global equities and quant methods, Penny Heard, and work with trading and execution manager, John Hood.
Bourke would be responsible for the execution of the fund’s $41 billion in internal direct equities portfolios.
UniSuper had one of the largest in-house investment teams with over 70% of its funds under management managed internally.
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Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.