Former Future Fund boss joins HESTA board

industry-superannuation-funds/board/advisers/

12 April 2017
| By Staff |
image
image image
expand image

The former head of the Future Fund, Mark Burgess will chair an investment committee newly-formed by industry fund, HESTA.

The fund announced that the committee would also comprise independent advisers, Melda Donnelly and Tim Hughes.

Announcing the appointments this week, HESTA chief executive, Debbie Blakey said formation of the committee represented an important step in implementing a five-year investment strategy intended to ensure HESTA continued to deliver sustainable long-term returns to members.

"Mark, Melda and Tim all bring outstanding investment experience and insights that give us further specialist expertise that can supplement the skills and experience we already have at board level," she said.

Donnelly and Highes had previously been members of HESTA's investment advisory panel.

The fund's announcement said that Burgess would also be joining the HESTA board as an independent director.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

3 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months 3 weeks ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

4 weeks ago

The central bank has released its decision on the official cash rate following its November monetary policy meeting. ...

4 weeks ago

Advice firms are increasing their base salaries by as much as $50k to attract talent, particularly seeking advisers with a portable book of clients, but equity offerings ...

1 week 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo