Russell extends service offering
 |
| Chris Corneil |
Russell Investments has added 20 new specialists as part of a range of expanded services in response to increased client demand and growth in core service lines.
"The changes mark an important new phase for Russell's business in the local market," said the managing director for Russell Investments in Australia and New Zealand, Chris Corneil.
"Against the backdrop of a changed global financial services and investing landscape, our growing team of specialists is focused on developing innovative solutions, revisiting and redefining old models, seeking new and exciting investment opportunities and finding better ways to serve customers," he said.
Key appointments include director of actuarial and benefits consulting Steve Schubert as managing director, superannuation, replacing Linda Elkins; and Geoff Peck, Russell's director of superannuation, who has been appointed managing director, government and institutions.
Russell's core services expansion includes six new positions that will be added to investment consulting, the addition of an exchange traded funds team and the addition of five new retail roles in response to increased self-managed superannuation fund demand.
AUTHOR
Mike Taylor
Recommended for you
The Actuaries Institute has released a framework to help super funds deliver affordable guidance and advice to millions approaching retirement.
Labor’s finance minister has dismissed claims the government directs super fund investments after questions over Australia’s new US deal.
Australia’s average superannuation balance has climbed to a record high, with women’s savings share rising and reliance on the age pension falling.
APRA has softened several governance reform proposals following extensive consultation with banks, insurers, and super funds across Australia.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
215.17 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
118.15 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
75.00 3 y p.a(%)
4
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
61.11 3 y p.a(%)
5
Global X Ultra Long Nasdaq 100 Complex ETF
60.93 3 y p.a(%)
