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Telstra Super beefs up investment team
Telstra Super has further strengthened its internal investment team following the appointment of John Christensen as chief investment officer.
The fund announced this week that it had appointed John Eliopoulos as the new head of Australian equities and Greg Lee to the new role of head of property.
Eliopoulos was previously chief investment officer with The Myer Family while Lee was chief operating officer at the Juilliard group.
AUTHOR
Mike Taylor
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Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax legislation, according to new analysis from ANU.
Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations of a cut.
A new Roy Morgan report has found retail super funds had the largest increase in customer satisfaction in the last year, but its record-high rating still lags other super categories.
In a sharp rebuke to market expectations, the Reserve Bank held the cash rate steady at 3.85 per cent on Tuesday, defying near-unanimous forecasts of a cut and signalling a more cautious approach to further easing.
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