Perpetual Investments has recruited three senior managers who will be tasked with growing the company's institutional fixed income and multi-sector offering.
Sandi Orleow, Jeremy Rolleston and Darren Beesley have already joined Perpetual in their respective roles ahead of the new funds being rolled out by the business in the first half of 2012.
Orleow is Perpetual's new senior portfolio adviser and will work with clients to develop solutions in multi-asset, beta prime and alternative strategies, the company said.
Former executive director at Goldman Sachs, Jeremy Rolleston, will focus on innovation and strategy within fixed interest and multi-asset divisions as general manager, institutional business.
Meanwhile, quantitative investment analyst Darren Beesley will work with existing portfolio managers Michael Blayney and Glen Foster on "optimising Perpetual's implementation capability and efficiency," the company said.
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.