The opportunity for smaller funds: Playing to strengths

Andrew Proebstl, Chief Executive, legalsuper

Andrew is the Chief Executive of legalsuper, which manages the retirement wealth of the legal community, representing more than 41,000 members and with more than AU$5 billion in assets under management.

As a leader of a small fund (on a relative basis), Andrew sees real opportunity for funds like his to be very different in how they operate and perform by playing to their strengths. “We are agile and determinedly seek out investment opportunities not accessible by larger funds. Ultimately, this is the cornerstone to us delivering strong long-term returns to our members”, Andrew highlighted.

Leanne Taylor, appointed as Head of Portfolio Strategy & Asset Allocation, VFMC

March 2022

Leanne has been appointed as VFMC’s new Head of Portfolio Strategy and Asset Allocation, bringing a wealth of economics and investment strategy experience to the team. Most recently, Leanne was the Head of Macroeconomic and Markets Research at Cbus Super.

Leanne will be succeeding Peter Osborne in the role, who will be retiring, after almost 13 years at VFMC.

We wish Leanne success in her new role, and all the best to Peter on his impending retirement.

Focussed on authentic impact strategies

Mary Delahunty, Founder & Managing Director, Seven Advisory

Seven Advisory’s broad remit encompasses all aspects of purpose and impact, with a focus on authentic impact strategies. The concern with the now maturing world of investing with impact is that it is a subset of value creation in the activities of the finance sector and not the one true driving force.

Inauthentic attempts by the finance sector to impact social change or to prove a purpose beyond the pursuit of profit presents a number of concerns.

The rise of India's private equity market

Press Release - CAIA Insights

This Is India’s Era.

India’s GDP growth is expected to reach 9.5% in 2021/22, which will make it the third-largest contributor to global GDP. According to a new report from the Chartered Alternative Investment Analyst (CAIA) Association, there are several force multipliers in place that will continue to drive India’s economic growth for the next decade and beyond, making it imperative that private equity and venture capital-focused investors have a clear picture as to the private investment environment in India.

To coincide with the report’s release, CAIA is hosting a webinar which will bring together a number of its authors to spotlight key themes, discuss why India’s emergence as one of the world’s most entrepreneurial and technology-orientated nations presents massive opportunities, and will showcase India’s growing and increasingly sophisticated alternative investment industry.

The investment governance frameworks for managing the waves of change

Craig Roodt, Director – Investment & Wealth Advisory, Deloitte

Craig is a Director of Deloitte’s Investment and Wealth Advisory in Sydney, which works with asset owners and asset managers across all aspects of the investment value chain, empowering fiduciaries to maximise outcomes.

Currently the focus of Craig’s role centres around developing the required investment governance to respond to the current wave of changes impacting the industry. Much of this is related to the Your Future, Your Super (YFYS) reforms and how performance is measured in a YFYS world.

Cindy Ponder-Budd, appointed as Head of Investment Strategy, CareSuper

February 2022

Cindy has been appointed as the Head of Investment Strategy at CareSuper.

CareSuper is one of the largest industry funds for people in professional, managerial, administrative and service occupations in all business sectors, representing more than 220,000 members, with approximately AU$20 billion in assets under management.

GII wishes Cindy all the best in her new role and continued success to the team at CareSuper.

Jason Murray, commences in the role as Chief Executive Officer, Spirit Super

February 2022

Jason Murray has commenced in the role of Chief Executive Officer of Spirit Super this month, succeeding Leeanne Turner who recently retired from her leadership role at the fund.

Spirit Super was formed in early 2021 following the successful completion of the merger between Tasplan and MTAA Super, representing 320,000+ members and with a combined AU$26 billion in funds under management.

Creating the next generation of crypto investment strategies

Dr Michael Kollo, Chief Executive Officer, Clanz

Michael recently joined Clanz in the role of Chief Executive Officer, focusing on creating the next generation of Crypto investment strategies by combining the best human and artificial intelligence algorithms. He is currently focusing efforts on leading his team as the company prepares to launch their first product to the Australian market.

Shali Lingaretnam, Appointed as Head of Investment Stewardship, VFMC

February 2022

GII congratulates Shali Lingaretnam on her appointment as the Head of Investment Stewardship at Victorian Funds Management Corporation (VFMC), in a permanent capacity, having been acting in the role since July 2021.

We wish Shali all the best in her new role and continued success to the VFMC team.

The challenge to leadership

Rob Tucker, Managing Director, Chester Asset Management

The challenge to leadership is happening very quickly in equity markets as investment flows have started following the significant change occurring in monetary policy.

Although it has been a very popular trade to invest heavily in long duration assets in the falling rates environment experienced since the GFC, the investment landscape has now truly changed with the prospect of rising rates, necessitating a different investment approach.

Andrew Guilfoyle appointed as the Head of Investments & Treasury, HBF Health

February 2022

GII congratulates Andrew Guilfoyle on his appointment as the Head of Investments and Treasury at HBF Health. In this role Andrew is responsible for managing HBF’s investment program to generate targeted investment outcomes, supporting its national growth strategy and delivering on the organisation’s commitments to their members.

We wish Andrew all the best in his new role and continued success to the HBF Health team.

Allspring Global Investments appoints Andy Sowerby as Head of APAC ex-Japan

January 2022

GII congratulates Andy Sowerby on his appointment as Managing Director, Head of Client Group APAC ex-Japan, Allspring Global Investments.

Andy will be responsible for leading Allspring’s business development across the APAC region and identifying ways to best partner with existing and prospective clients.

We wish Andy all the best in his new role and continued success to the Allspring team.

GLOBAL INVESTMENT INSIGHTS