AustSafe hires head of investments

14 September 2012
| By Staff |
image
image image
expand image

AustSafe Super is the latest superannuation fund to pull its investment strategy in-house, with the appointment of Simon Mather as head of investments.

Mather will focus on sourcing successful co-investment opportunities and executing the fund's investment governance and engagement framework, having previously worked with Energy Super and QSuper.

AustSafe chief executive Craig Stevens said the appointment represented a milestone in the advancement of the fund's investment strategy and its investment processes.

"In the last couple of years the fund has made a number of successful co-investments. Simon's appointment will provide us with the in-house capacity and skill to pursue more innovative opportunities like these," he said.

AustSafe said investment was an area it saw as providing real benefit for members through the delivery of improved investment outcomes, especially in light of APRA's Prudential Standards.

AustSafe Super has over 125,000 members with funds under management of over $1.1 billion.

A number of super funds have made internal investment hires this year.

AustralianSuper announced it would bring its investment expertise in-house earlier this week, while legalsuper hired David St John as independent director to the investment committee as part of a plan to bolster its in-house investment team in July.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 7 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 7 months ago

Introducing reforms for strengthening simpler and faster claims handling and better servicing for First Nations members are critical priorities, according to the Super Me...

20 hours ago

The peak body stressed that the proposed financial advice reforms should “pass as soon as possible” and has thrown its weight behind super funds providing a greater level...

21 hours ago

The Commonwealth Bank has warned that uncapped superannuation concessions may be “unsustainable” and has called for the introduction of a superannuation cap....

21 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5