POWERED BY MOMENTUM MEDIA
Former Perpetual exec moves to Suncorp
Former Perpetual group executive of superannuation and operations, Michael Miller, has been recruited by Suncorp as chief financial officer of its commercial insurance division.
Miller has taken over from Matt Pearson, who now heads up the commercial claims division.
He had spent nine years at Perpetual filling various roles. Prior to his most recent role at Perpetual, he was the deputy CFO, group finance and had also spent time working with Deloitte in Brisbane, London and Sydney.
Suncorp commercial insurance chief executive officer Anthony Day said Miller had “extensive leadership experience and a broad financial services background.”
“The breadth of his financial services experience is a valuable addition to our leadership team,” Day said.
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(%)
