Rest appoints first CIO

REST/CIO/Andrew-Lill/appointment/

29 June 2020
| By Jassmyn |
image
image
expand image

Industry superannuation fund, Rest has appointed Andrew Lill as its first chief investment officer and will work with the fund’s investment managers and board investment committee.

Lill joined from Morningstar Investment Management where he was chief investment officer of their Americas mutual fund and managed operations since 2018 and was based in Chicago. He will return to Australia and start the role on 17 August.

Rest chief executive, Vicki Doyle, said: “The appointment of our first chief investment officer for the whole fund is the culmination of more than 12 months’ work to refine our investment structure and governance and position the fund for further growth.

“Andrew’s experience and expertise will be a valued addition to Rest. We are well placed to pursue attractively priced assets in investment markets on behalf of our members as a result of our active management approach.

“Andrew will play a key role working with our investment managers and board investment committee as we look for investment opportunities that generate strong long-term returns for our members and can support Australia’s economic recovery from the COVID-19 pandemic.”

Last year, Rest’s wholly owned investment arm, Super Investment Management, was integrated into the fund’s internal investments team to focus on Rest’s investment expertise in a single group and the CIO would manage this combined team.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS