POWERED BY MOMENTUM MEDIA
Rest to commence search for new CIO
Rest is set to welcome a new chief investment officer (CIO) to succeed Andrew Lill.
Having joined in 2020 as the fund’s inaugural CIO, Lill is stepping down to explore other opportunities, Rest said.
“I want to recognise and thank Andrew for the work he has done to create a strong foundation for the investments team in alignment with Rest’s unique member profile,” said Rest CEO Vicki Doyle.
“His accomplishments include improved performance, strong team diversity and industry leadership in responsible investing.
“The impact of Andrew’s efforts will continue to serve Rest’s 2 million members as we move forward towards our strategic goals.”
Lill has over three decades of investment experience, having held leadership roles in the UK, Australia, and the US.
Prior to Rest, he was at Morningstar for over six and a half years, most recently as CIO for the Americas.
His résumé also includes four and a half years at AMP Capital and seven and a half years at Russell Investments.
Lill is expected to step down from Rest in November.
Announcing his departure, he said he is looking forward to spending time with family before commencing his next role.
“I am very grateful for this opportunity to be Rest’s first CIO, which has stretched me and challenged me in very positive ways,” Lill said.
“I am very proud of our team’s achievements in this time.”
The $86 billion fund will now begin a comprehensive search process for a new chief investment officer.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Recommended for you
The research house has hired an experienced product specialist for its Australasian team.
An experienced communications specialist is joining the industry group in a newly created role.
The $46 billion investment corporation owned by the government of South Australia has hired an experienced investment professional to its leadership.
The $300 billion fund has appointed a new CRO to drive its governance capabilities.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.73 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
30.15 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.71 3 y p.a(%)
