The chief executive of NGS Super, Anthony Rodwell-Ball, is the inaugural winner of a scholarship jointly sponsored by the Fund Executives Association and KPMG.
Rodwell-Ball was named the winner of the FEAL Wharton Scholarship, which will allow him to attend the Investment Strategies and Portfolio Management program offered by Wharton Business Collect in the US.
Rodwell-Ball said he would use the time at Wharton to develop a deeper knowledge and gain tools to make better decisions for his superannuation fund and its members.
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.