JANA Investment Advisers has appointed Mike Plant as principal, implemented consulting.
In his new role, Plant will be responsible for the integration of the group’s research into its platform, platform development and client relationship management.
Plant will report to JANA head of investment solutions Jim Lamborn.
Plant makes the move to JANA from Mercer Human Resources Consulting, where he acted as national administration manager, standalone superannuation funds.
In this role, Plant was responsible for administering 62 major corporate super funds and master funds with more than 220,000 members, according to a statement from JANA.
The group also commented on the performance of its implemented consulting service, stating that both its moderate and conservative options had outperformed their benchmarks over three and five year periods.
The JANA moderate option returned -5.2 per cent for the 12 months to June 30, 2008, compared to the Chant West Implemented Consulting Growth Fund Median of -10.2 per cent, while the group’s conservative option outperformed the Chant West Implemented Consulting Conservative Growth Median by 6 per cent.
SuperRatings has shared the top 10 balanced options of the last financial year.
Rest Super remains “fully committed” to equities, even as it anticipates higher market volatility than experienced in previous decades.
Australian superannuation funds have again generated strong returns for FY25, with the median growth fund returning 10.5 per cent for the year, according to Chant West.
The US remains a standout destination for innovation and commercialisation, according to MLC Asset Management chief investment officer Dan Farmer.