![]() |
Chris Corneil |
Russell Investments has added 20 new specialists as part of a range of expanded services in response to increased client demand and growth in core service lines.
"The changes mark an important new phase for Russell's business in the local market," said the managing director for Russell Investments in Australia and New Zealand, Chris Corneil.
"Against the backdrop of a changed global financial services and investing landscape, our growing team of specialists is focused on developing innovative solutions, revisiting and redefining old models, seeking new and exciting investment opportunities and finding better ways to serve customers," he said.
Key appointments include director of actuarial and benefits consulting Steve Schubert as managing director, superannuation, replacing Linda Elkins; and Geoff Peck, Russell's director of superannuation, who has been appointed managing director, government and institutions.
Russell's core services expansion includes six new positions that will be added to investment consulting, the addition of an exchange traded funds team and the addition of five new retail roles in response to increased self-managed superannuation fund demand.
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
As institutional investors grapple with shifting sentiment towards US equities and fresh uncertainty surrounding tariffs, Australia’s Aware Super is sticking to a disciplined, diversified playbook.
Market volatility continued to weigh on fund returns last month, with persistent uncertainty making it difficult to pinpoint how returns will fare in April.
The Association of Superannuation Funds of Australia (ASFA) has called for the incoming government to prioritise “certainty and stability” when it comes to super policy.