POWERED BY MOMENTUM MEDIA
Health Super CIO departs
Health Super's chief investment officer, Brendon Shepherd, has announced his retirement from the post he has held for seven years, effective from January.
The fund's chief executive, Chris Clausen, said that Shepherd had brought strong leadership and direction to the role, helping to position the fund in both rising and falling markets.
"The past few years have been a volatile time for superannuation funds, but Shepherd has played an important role in ensuring that investment returns have ranked consistently in the first and second quartiles compared to our peers," he said.
Clausen will oversee the fund's investment portfolio, which represents more than $8 billion in industry assets, according to Health Super, with support from the senior investment staff until a replacement can be appointed.
Prior to joining Health Super, Shepherd worked as a senior investment analyst at Towers Perrin and UniSuper and as a fund investment analyst at BHP Billiton.
AUTHOR
Mike Taylor
Recommended for you
Australians are losing millions weekly in unpaid super, yet payday super laws have not made it onto Parliament’s agenda.
First Nations Australians have faced systemic barriers accessing super, with rigid ID checks, poor service, and delays compounding inequality.
“Slow and steady” appears to be the Reserve Bank’s approach to monetary policy as the board continues to hold on to its wait-and-see method.
AFCA’s latest data has shown a decline in complaints relating to superannuation, but there is further work to be done, it has warned super funds.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
96.54 3 y p.a(%)
2
DomaCom DFS Mortgage
85.26 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
78.55 3 y p.a(%)
4
BetaShares Crypto Innovators ETF
50.39 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
47.50 3 y p.a(%)
