Towers Watson has added two investment analysts to its Australian investment team.
James Morris and Viduranga Weerasuria will both provide support to the client consulting teams. They join the eight other recruits to the Australian investment team last year.
Towers Watson Australia director of investment services Graeme Miller said the expansion of the team demonstrated Towers Watson's "ongoing commitment" to provide its clients with "a significant competitive investment edge".
"James and Viduranga will be supporting our client consulting team by carrying out quantitative analysis, assisting with research, and assisting with the preparation of client reports," Miller said.
Towers Watson recently replaced Mercer as the asset consultant for AMP Capital's range of multi-manager funds.
The Towers Watson Investment business has more than 700 associates globally, as well as assets under advice of over US$2 trillion.
The research house has offered a silver lining after super fund returns saw the end of a five-month streak last month.
A survey of almost 6,000 fund members has identified weakening retirement confidence, particularly among those under 55 years of age, signalling an opportunity for super funds to better engage with members on their retirement journey.
The funds have confirmed the signing of a successor fund transfer deed, moving closer to creating a new $29 billion entity.
A number of measures, including super on Paid Parental Leave, funding to recover unpaid super, and frameworks to encourage investment in the energy transition, have been welcomed by the superannuation industry.
Add new comment