POWERED BY MOMENTUM MEDIA
AVSuper elects new chair
George Fishlock has been unanimously elected as the new chair of the board at AVSuper.
He will replace current AVSuper chair Tom Grant in January 2013. Grant is leaving to pursue other opportunities in the superannuation industry, having founded the fund and acted as chair since 1990.
Fishlock has been a member representative on the board for 14 years and an air traffic controller for 30 years.
As chair of the investment committee, he has been involved in due diligence of investment managers and investment processes, nationally and internationally.
He has also chairs the audit, compliance and risk management committee.
AVSuper chief executive Michelle Griffiths thanked Grant for his commitment in shaping the fund for 22 years and expressed confidence the fund was in Fishlock's "capable hands".
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.
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
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
