AusSuper appoints head of equities

AustralianSuper has promoted Justin Pascoe to head of equities, having previously held the role in a deputy capacity since September 2020.

Pascoe joined AustralianSuper in June 2019 and was later appointed as deputy head of equities where he was responsible for day-to-day leadership of the equities team in Australia.

This followed the relocation of head of equities Innes McKeand to the firm’s London office and he later joined London-based USS Investment Management in March 2021.

Prior to joining, Pascoe worked as chief investment officer at Victorian Funds Management Corporation from 2008 to 2016.

The fund’s equities portfolio, which was a mix of internal and external management, was expected to exceed $200 billion in the next three years.

AustralianSuper chief investment officer, Mark Delaney, said: “Justin is a very skilled and experienced investment professional and is well placed to help the fund achieve its purpose of providing members with their best possible retirement outcome.

“Justin has demonstrated his ability to lead the equities team and has been a key member of the investments leadership team more broadly.”