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 second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region.
A member of the super fund has approached ASIC to investigate potentially misleading or deceptive representations by UniSuper regarding the holdings of its sustainable portfolios.
The median growth fund delivered 1.9 per cent in March, adding to the “stunning” rally that has seen super funds gain 11 per cent since November.
Vanguard has affirmed its support for the current super performance test, emphasising the importance of keeping the process straightforward.
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