Legalsuper boosts internal investment team

17 January 2012
| By Staff |
image
image
expand image

The industry super fund legalsuper has appointed Richard Sanajko as its internal investment manager.

The creation of the position is reflective of a general move by superannuation funds to bring more of their investment decision-making in house.

Sanajko will be aided in his role by Dr Neville Hathaway, who sits on legalsuper's investment committee.

Legalsuper chief executive Andrew Proebstl said the appointment would help the fund provide its core function of creating wealth for its members.

"The appointment of an investment manager will optimise our investment performance, particularly while investment markets remain volatile and competition between superannuation funds increases," Proebstl said.

Sanajko has over eight years of financial services experience in Melbourne, London and Zurich as an investment manager, economist and consultant.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Westpac has delayed its rate cut forecast, aligning with its peer NAB’s outlook on the likely trajectory for the Reserve Bank of Australia’s cash rate....

40 minutes 42 seconds ago

The government’s adjustment to the Future Fund’s mandate could set a dangerous precedent, warns an economist, raising concerns that it may pave the way for problematic fu...

35 seconds hence

The proposed reforms have been described as a key step towards delivering better products and retirement experiences for members, with many noting financial advice remain...

2 hours ago