POWERED BY MOMENTUM MEDIA
Towers Watson boosts client consulting team
Towers Watson has added two investment analysts to its Australian investment team.
James Morris and Viduranga Weerasuria will both provide support to the client consulting teams. They join the eight other recruits to the Australian investment team last year.
Towers Watson Australia director of investment services Graeme Miller said the expansion of the team demonstrated Towers Watson's "ongoing commitment" to provide its clients with "a significant competitive investment edge".
"James and Viduranga will be supporting our client consulting team by carrying out quantitative analysis, assisting with research, and assisting with the preparation of client reports," Miller said.
Towers Watson recently replaced Mercer as the asset consultant for AMP Capital's range of multi-manager funds.
The Towers Watson Investment business has more than 700 associates globally, as well as assets under advice of over US$2 trillion.
Recommended for you
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.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
