Schroders Investment Management has appointed Marcus Burns as senior portfolio manager in its Australian equities team.
Burns will commence the newly created role in January 2012, and will report to Schroders' head of Australian equities Martin Conlon.
In his new role, Burns will co-manage the Australian smaller companies and microcap portfolios with senior portfolio manager David Wanis. He will also be in charge of analysing a range of stocks and sectors within the small and microcap universe.
"Adding to an already strong team, we are confident that Marcus' insights and breadth of investment knowledge will be invaluable in ensuring that our research efforts translate into strong client outcomes," Conlon said.
Burns has 11 years investment management experience, which includes five years with Schroders between 1997 and 2002. Conlon said Burns was well known to the Sydney team, and the appointment was a good cultural fit.
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency exposure effectively.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.