Retired US Vanguard Group managing director and chief investment officer, George Sauter, has joined Sunsuper’s investment committee.
Sauter joined Vanguard in the late 1980s and at his retirement in 2012 was directing the company’s global investment management group which oversaw a mix of both active and indexed assets of about US$2 trillion.
Ex-chief investment officer at Perpetual Investments, Rodney Green, has also joined the committee and has over 30 years of experience in funds management.
Green was part of the group that founded Treasury Group in 2001 where he held the position of managing director and was also joint managing and chief investment officer at Citicorp Global Asset Management.
Commenting, Sunsuper chief executive, Scott Hartley said the appointments would help the superannuation fund grow their members’ portfolios.
“Their insight and judgement will prove invaluable as we continue to execute our strategy of investing in a broad range of asset classes, dynamic asset allocation, and pursuing innovative investment opportunities — all while maintaining a strong emphasis on governance and maximising members’ returns,” Hartley said.
Sunsuper investment committee chair, Paul Lahiff, said “there is no doubt that their values underpinned by a strong member focus, as well as their extensive investment acumen will perfectly augment the depth of capability that already exists within Sunsuper’s investment team”.
