Colonial First State Global Asset Management (CFSGAM) has appointed portfolio manager Tal Lomnitzer to co-manage the Global Resources Long Short Fund.
Lomnitzer will manage the fund with portfolio manager Todd Warren, and will join the global resources team in CFSGAM's London office. He will also contribute to the stock selection process for the company's long-only funds.
CFSGAM head of global resources Dr Joanne Warner said the appointment of Lomnitzer would enhance the team's investment strategy and give it "greater depth and coverage across all funds".
"Tal has 13 years experience in buy-side global resources and investment. He brings extensive knowledge in both long and short investing strategies within global resources equities," she said.
Lomnitzer comes to CFSGAM from the Merchant Global Resources Fund, which he founded and managed. Before that he managed global long/short resources and energy funds at NewSmith Capital and ORN Capital.
"Tal's location in London, working alongside analyst Pet Campbell, will improve the team's real-life coverage of the UK, European and North American markets which are critical to our global investment philosophy," Warner said.
Super trustees need to be prepared for the potential that the AI rise could cause billions of assets to shift in superannuation, according to an academic from the University of Technology Sydney.
AMP’s superannuation business has returned to outflows in the third quarter of 2025 after reporting its first positive cash flow since 2017 last quarter.
The major changes to the proposed $3 million super tax legislation have been welcomed across the superannuation industry.
In holding the cash rate steady in September, the RBA has judged that policy remains restrictive even as housing and credit growth gather pace.