GLOBAL INVESTMENT INSIGHTS

February 2025

Global Investment Institute congratulates Sue Jiang on her appointment to the Associate Portfolio Manager - Infrastructure role at Aware Super.

Aware Super manages a A$190 billion portfolio on behalf of the Fund’s 1.15 million members. Aware Super’s infrastructure team currently manages a A$20 billion portfolio.

Sue has 14 years of infrastructure investment management experience, having worked in Sydney and London with AMP Capital Investors and Dexus prior to joining Aware Super. She has been involved in origination and management of assets across a broad range of asset classes including electricity distribution, renewable energy, fibre, rolling stock leasing, public private partnerships and aged care investments. 

We wish Sue all the best in her new role and continued success to the team at Aware Super.

“The Trump effect is a temporary cloud on the near-term outlook. But paradigm shifts have always been volatile, uneven and non-linear. It is critically important to stay the course and continue to travel toward the long-term destination, which remains as clear as ever, that the transition is inevitable.”

- Lucian Peppelenbos is the Climate & Biodiversity Strategist at Robeco where he is primarily responsible for overseeing Robeco’s work on decarbonising its investment portfolios and integrating climate and nature-related risks and opportunities in the investment processes.

Like many of our EU-based clients, the YFYS reform for superannuation products intensifies the regulatory scrutiny of Australia’s pension and long-term savings plans. Under such constraints, we see transition products as key in balancing a portfolio’s long-term performance goals with net zero compliance targets. Alongside existing climate frameworks and net zero products, Robeco has launched several strategies that invest in the vital bridge solutions needed to accelerate the transition.

We also see strategic engagement as an effective tool to convince high-emitters to change course. That involves sharing specialised industry research on more sustainable technologies, best practice, peer performance and the evolution of regulations.

Lucian will be presenting at Global Investment Institute’s upcoming Net Zero Investment Forum, taking place on Thursday, 13 March 2025 at the Grand Hyatt Melbourne, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

February 2025

Global Investment Institute congratulates Matthew Bennett on his appointment to the Senior Analyst Responsible Investment role at CareSuper.

CareSuper is an award-winning, profit-to-member industry super fund. On 1 November 2024, CareSuper merged with Spirit Super to form a fund with over 550,000 members and A$53 billion in assets under management.

Matthew most recently served over four years with Cbus, concluding in the role of Senior Analyst, Responsible Investment, after beginning in the role of Analyst, Responsible Investment.

We wish Matthew all the best in his new role and continued success to the team at CareSuper.

February 2025

Global Investment Institute congratulates Claire Molinari on her promotion to General Manager Responsible Investment at CareSuper.

CareSuper is an award-winning, profit-to-member industry super fund. On 1 November 2024, CareSuper merged with Spirit Super to form a fund with over 550,000 members and A$53 billion in assets under management.

Claire most recently served as Head of ESG at CareSuper. Prior to this, she was with ACSI for over four years, in the role of Manager, Research.

We wish Claire all the best in her new role and continued success to the team at CareSuper.

Claire is an Advisory Committee member of Global Investment Institute’s Net Zero Investment Forum, which is taking place on Thursday, 13 March 2025 at the Grand Hyatt Melbourne. To find out more about the event or to express interest in attending please click here.

February 2025

Global Investment Institute congratulates Nikola Garevski on his appointment to the position Senior Analyst, Equities at Victorian Funds Management Corporation (VFMC).

VFMC is a public authority responsible for investing for the benefit of Victorians. VFMC manage funds of more than A$92 billion on behalf of 32 Victorian public authorities and related organisations.

Nikola most recently served as Senior Risk Analyst at AustralianSuper. Prior to joining VFMC, he was with HESTA for over four years, commencing in a Graduate Investment Analyst, Listed Assets role and later as Investment Analyst, Growth Assets.

We wish Nikola all the best in his new role and continued success to the team at VFMC.

February 2025

Global Investment Institute congratulates Kate Misic on her appointment as interim Chief Investment Officer at TelstraSuper.

Ahead of the pending merger between TelstraSuper and Equip Super, Graeme Miller, who has been TelstraSuper’s CIO for the past eight years, has departed and joined Mercer Super.

Kate has been with TelstraSuper for nearly 15 years, and most recently held the role Head of Alternative Investments and Real Assets. During her tenure, she held various senior positions within the investment management team, including leading the property, infrastructure, opportunities, hedge fund, and private markets asset classes.

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

February 2025

JANA Investment Advisers’ core business is asset consulting and it provides advice on over A$1.3 trillion to over 80 institutional clients, including corporations, charities, endowment funds, foundations, Government, superannuation funds, insurers, family offices and other trusts.

JANA Investment Advisers has taken strategic measures to enhance its research team through a combination of promotions and new hires, each bringing valuable expertise to the firm.

February 2025

Global Investment Institute congratulates Graeme Miller on his appointment to the Chief Investment Officer role at Mercer Super.

Mercer Super manages A$74 billion for more than one million members and is backed by Mercer, with US$548 billion in assets under management globally.

Graeme is a highly experienced CIO, most recently serving as the Chief Investment Officer at TelstraSuper, a position he held for over eight years.

Graeme will commence in the CIO role at Mercer Super in the second quarter of 2025.

We wish Graeme all the best in his new role and continued success to the team at Mercer Super.

February 2025

Global Investment Institute congratulates Lucy Minichiello on her appointment to the Head of Real Assets role at Frontier Advisors.

Frontier Advisors have been advising Australian institutional investors for almost thirty years. They provide advice on A$700 billion of assets across the superannuation, charity, public sector, insurance and higher education sectors.

With almost 30 years investment experience leading financial institutions, Lucy has previously held roles with Deloitte, Citi, Goldman Sachs, Challenger Infrastructure Fund, PricewaterhouseCoopers and most recently, Director of Portfolio Management at Westbourne Capital, a position she held for six years.

We wish Lucy all the best in her new role and continued success to the team at Frontier Advisors.

“Taking scenario work back to the realm of narratives that can be plausible, differentiated and complex, investors can be more conscious about the assumptions built into their stock choices and portfolio decisions – and more adaptable to the world that unfolds as a result.”

- Caroline Cook is the Head of Climate Change at Baillie Gifford where she works across the firm to integrate their understanding of energy, climate and environmental issues into their investment practice. As these interlinked transitions compound, her aim is to improve outcomes for all their clients.

The global climate challenge poses not one, but two simultaneous transitions for long-term investors to consider. A technology transition in energy sources and uses, and an unparalleled shift in our physical environment. While many investors will feel on familiar ground with the potential disruptions offered by new energy technologies, none of us have been exposed to the extent of physical change predicted by the science. And across both transitions, sits an extra layer of unpredictability in social values and government policy.

Navigating this effectively as a long-term investor requires great scenario awareness. The twin transitions will have whole-economy impacts with consequences well beyond the first order. Complexity and non-linear shifts will be rife. Your pre-conceptions, or world views, may not be those that will win out. Determining themes that endure across different futures, and flags that indicate which pathway is in fact emerging, should be a source of edge.

Caroline will be presenting at Global Investment Institute’s upcoming Net Zero Investment Forum, taking place on Thursday, 13 March 2025 at the Grand Hyatt Melbourne, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

February 2025

Global Investment Institute congratulates Ben Graetzer on his promotion to Head of Portfolio Risk & Solutions at Victorian Funds Management Corporation (VFMC).

VFMC manage funds of more than A$92 billion for Victoria and 32 Victorian public authorities and related organisations.

Ben brings 20 years of experience in Financial Services, with expertise spanning Asset Consulting, Superannuation, and Banking across both Australia and the UK. Most recently, he was the Senior Manager of Portfolio Risk at VMFC.

We wish Ben all the best in his new role and continued success to the team at Victorian Funds Management Corporation (VFMC).