Australian Catholic Super is expected to announce that it has switched its asset consulting mandate after conducting a review of service providers.
The superannuation fund has been a client of Willis Towers Watson for the past five years and undertook a review of providers via Chant West earlier this year.
Super Review understands that Frontier Investment Consulting is the front-runner for the mandate, albeit that the appointment has not yet been formally announced.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.
Rest has joined forces with alternative asset manager Blue Owl Capital, co-investing in a real estate trust, with the aim of capitalising on systemic changes in debt financing.
The Future Fund’s CIO Ben Samild has announced his resignation, with his deputy to assume the role of interim CIO.