HESTA has appointed Alan Sheen as its head of portfolio management to lead internal and implemented teams across growth, defensive and unlisted asset classes.
Sheen would begin his role on 28 September and would relocate to Melbourne from Sydney.
Sheen had 25 years of experience in financial services and was most recently chief investment officer and managing partner at Dalton Street Capital. Prior to that he was a director and head of proprietary trading at Credit Suisse, and has also held CIO roles at Austock Asset Management and Challenger Funds Management.
“I feel incredibly proud and privileged to join the effort in contributing to helping our health and community services professionals reach their long-term retirement goals,” Sheen said.
“HESTA is now embarking on the next evolution of sophisticated superannuation money management. I am looking forward to working with the entire HESTA team in guiding the growth of retirement savings for those members who care for us, our families and our communities through all life’s events.”
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
The $100 billion fund has appointed a new deputy CIO from within.
The $149 billion fund has named new directors following the departure of three outgoing board members.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.