Macquarie Global Investments has appointed a senior institutional sales manager.
Sandra Krueger will be responsible for developing and maintaining relationships with institutional investors regarding investment opportunities offered by Macquarie Global Investments, including the Macquarie Professional Series, the group stated.
Krueger has worked in the Australian institutional market for about 10 years and brought significant international expertise to the team, said Macquarie Global Investments head of distribution, Adrian Stewart.
Australia’s largest super funds have deepened private markets exposure, scaled internal investment capability, and balanced liquidity as competition and consolidation intensify.
The ATO has revealed nearly $19 billion in lost and unclaimed super, urging over 7 million Australians to reclaim their savings.
The industry super fund has launched a new digital experience designed to make retirement preparation simpler and more personalised for its members.
A hold in the cash rate during the upcoming November monetary policy meeting appears to now be a certainty off the back of skyrocketing inflation during the September quarter.