POWERED BY MOMENTUM MEDIA
ASFA adds additional directors to its board
The Association of Superannuation Funds of Australia (ASFA) has broken new ground by appointing two additional directors to its board – something which will see representation for significant entities Sunsuper and IOOF.
The ASFA informed members this week it had appointed the chair of Sunsuper, Andrew Fraser and the chief operating officer of IOOF, Frank Lombardo, as additional directors to the organisations board.
The new board is made up of independent chair, Michael Easson with industry funds being represented by HESTA chief executive, Debby Blakey and MTAA Super chief executive, Leeanne Turner while the public sector funds are represented by Commonwealth Super Corporation chief executive, Damian Hill and Aware Super chief executive, Deanne Stewart.
The service provider representatives on the board are Mercer Administration Services leader, Jo-Anne Bloch and Rice Warner chief executive, Andrew Boal while the retail funds are represented by BT Financial Group general manager of superannuation, Melinda Howes and Colonial Frist State general manager, product, Kelly Power.
The corporate funds are represented by Qantas super chief executive, Michael Clancy and Telstra Super chief executive, Chris Davies.
Recommended for you
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
The $74 billion fund has welcomed an experienced CIO to lead its investment strategy.
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The fund has announced new additions to its trustee board.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.78 3 y p.a(%)
3
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
30.80 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
28.31 3 y p.a(%)
