UniSuper yet to announce CIO replacement
UniSuper is yet to announce who will take over as chief investment officer following the departure of David St. John.
In the meantime, UniSuper chief executive Terry McCredden will step into the role until a new chief investment officer is appointed.
"Whilst regretting David’s departure, I am confident that UniSuper remains extremely well equipped to handle the challenging investment environment we are now facing with a sense of confidence and opportunity,” McCredden said.
St John will be leaving the fund on March 31, 2009, after eight years in the role.
Together with the investment committee, St John has led the fund’s investment arrangements and has introduced a number of industry initiatives, including the establishment of an in-house investment team, pioneering work in diversifying members' funds into alternative asset sectors such as infrastructure, private equity and direct property, and industry leadership in socially responsible investment.
AUTHOR
Corrina Jack
Recommended for you
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.
Research conducted by Elixir Consulting and Lonsec has quantified the efficiency gains of using managed accounts in financial advice practices in hours per week saved.
With only one-quarter of advice practices actively seeking feedback from clients, the Financial Advice Association Australia has emphasised why this is a critical tool for client retention.
