POWERED BY MOMENTUM MEDIA
Former Media Super CIO joins Foresters Financial
Foresters Financial has announced the appointment of Michael McQueen as chief investment officer.
He had previously been with Media Super as CIO for over two years, and oversaw the transfer of members’ retirement savings through a successful merger with Cbus in April 2022.
Prior to this, he was head of investment strategy at LUCRF Super (now a part of AustralianSuper) and acting CIO at Kinetic Super during its merger with Sunsuper (now known as Australian Retirement Trust).
His résumé would also include experience as an equities dealer and analyst for companies like Goldman Sachs, ANZ Banking, and ANZ Trustees.
“We are simply delighted that Michael has joined our business as we continue to deepen and strengthen our relationships with our referral partners, investors and their families, over multiple generations,” said Foresters Financial chief executive Emma Sakellaris.
“As a firm we are heading into a period of substantial growth, with several exciting announcements in the coming months, so the addition of Michael comes at a pivotal and opportune time.”
Commenting on his appointment, McQueen said: “Foresters Financial has an incredible story and legacy as one of the oldest and purest investment bond managers in the market, so the decision to join and play a role in its future success was easy to make.
“I am excited by what the next stage holds for Foresters Financial as the market and regulatory changes allow for further growth and expansion.”
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 $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.
The $91 billion fund has doubled down on its data security, alongside enhancing its investment strategy, with two key appointments.
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
