POWERED BY MOMENTUM MEDIA
LGS CEO resigns
Local Government Super’s (LGS’) chief executive, Peter Lambert, has resigned after 10 years in the role.
LGA chair, Craig Peate, said Lambert had achieved significant growth and wide recognition of the fund’s leadership in responsible and sustainable investment.
“On behalf of the board I wish Peter all the best for his future endeavors,” Peate said.
Peate said the board had commenced recruitment to appoint a new chief executive.
Donna Heffernan has been appointed as acting CEO until a permanent replacement has been appointed.
“We are continuing to grow and perform well and have just achieved $10 billion in funds under management. With a stable and experienced team of senior executives in place the fund will continue to focus on delivering the best retirement outcomes for our members,” Peate said.
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(%)
