Perpetual Investments has recruited three senior managers who will be tasked with growing the company's institutional fixed income and multi-sector offering.
Sandi Orleow, Jeremy Rolleston and Darren Beesley have already joined Perpetual in their respective roles ahead of the new funds being rolled out by the business in the first half of 2012.
Orleow is Perpetual's new senior portfolio adviser and will work with clients to develop solutions in multi-asset, beta prime and alternative strategies, the company said.
Former executive director at Goldman Sachs, Jeremy Rolleston, will focus on innovation and strategy within fixed interest and multi-asset divisions as general manager, institutional business.
Meanwhile, quantitative investment analyst Darren Beesley will work with existing portfolio managers Michael Blayney and Glen Foster on "optimising Perpetual's implementation capability and efficiency," the company said.
Super funds had a “tremendous month” in November, according to new data.
Australia faces a decade of deficits, with the sum of deficits over the next four years expected to overshoot forecasts by $21.8 billion.
APRA has raised an alarm about gaps in how superannuation trustees are managing the risks associated with unlisted assets, after releasing the findings of its latest review.
Compared to how funds were allocated to March this year, industry super funds have slightly decreased their allocation to infrastructure in the six months to September – dropping from 11 per cent to 10.6 per cent, according to the latest APRA data.