POWERED BY MOMENTUM MEDIA
Former ART executive takes up CIO role in the Middle East
Charles Woodhouse, the former deputy chief investment officer at Australian Retirement Trust (ART), has been appointed chief investment officer at the Abu Dhabi Pension Fund.
The fund has been described as “a growing pool of sovereign sponsored pension assets” in the Middle East. In the five years to 2020, it dispersed over AED15 billion ($6.4 billion) in pensions and social benefits according to its annual report.
It is understood Woodhouse commenced as CIO on 16 October 2023 and moved to the United Arab Emirates for the role.
Previously, he had held the role of deputy CIO at ART between February 2022 and September 2023.
Prior to the merger of Sunsuper and QSuper in early 2022 to form ART, Woodhouse was with QSuper for over 12 years. He was CIO for two and a half years and spent five months as chief executive ahead of the merger.
His résumé also includes two and a half years as director of alpha investments at Queensland Investment Corporation (QIC) and a decade at Stonebridge Capital Management in the United States as managing director.
He is the second senior executive to depart the $260 billion fund after it was announced that ART CEO, Bernard Reilly, will be stepping down in February 2024.
In a statement, chair, Andrew Fraser, said: “Bern will leave an incredible legacy, having played an integral role in delivering Australia’s largest superannuation merger to create Australian Retirement Trust back in February 2022.
“Bern has expertly guided Australian Retirement Trust to deliver merger benefits to our more than 2.3 million members and grow funds under administration to more than $260 billion. But I think the thing Bern should be proudest of, and a true testament to his leadership capabilities, is the culture he has helped grow across our organisation.”
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(%)
