UniSuper has hired Toby Bourke to its Australian equities team.
He joined from Bell Asset Management where he was head of trading for three years.
He would report to head of global equities and quant methods, Penny Heard, and work with trading and execution manager, John Hood.
Bourke would be responsible for the execution of the fund’s $41 billion in internal direct equities portfolios.
UniSuper had one of the largest in-house investment teams with over 70% of its funds under management managed internally.
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.