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LGS appoints property portfolio manager
Local Government Super (LGS) has appointed portfolio manager Scott Armstrong as the fund's property portfolio manager.
In the role Armstrong will manage unlisted fund LGS' Local Government Property fund (LGPF), which consists of NSW property assets in commercial, retail and industrial sectors.
Armstrong was previously portfolio manager of direct property at Uniting Financial Services (UFS), the $1 billion treasury and investment arm of the Uniting Church in Australia.
His role included managing UFS' direct property portfolio according to the ethical investment criteria of the Church, especially in relation to exposure to extractive industries, alcohol and gambling.
He was a portfolio manager at FKP Property Group before that.
"Scott clearly understands not only the importance of sustainability in investing but how to successfully put those sustainable principles at the heart of the portfolio," LGS CEO Peter Lambert said.
Armstrong began his role on 7 October.
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