Mark Tierney will lend a hand to AustralianSuper's investment strategy after being appointed as investment manager for the funds macro and portfolio construction team.
Tierney will be responsible for researching the economic outlook and developing forecasts for Australia and other major global regions. He will also support allocation and sector strategies by assessing economic impacts on all assets classes.
Tierney has over 30 years' experience in financial markets and spent 12 years with Macquarie Bank as an international economist conducting research on behalf of equity and fixed income clients and providing economic commentary.
He has worked as a money market trader with the Commonwealth Bank, a currency strategist with HSBC and an international economist with Bankers Trust Australia.
Mark Delaney, AustralianSuper's chief investment officer said the appointment forms part of the fund's broader investment strategy which includes bolstering its internal investment team.
He said it was one of the first funds to appoint an investment strategist on the ground in Asia after Stephen Joske joined the team as senior manager of Asia at the start of the year.
In August last year AustralianSuper appointed Innes McKeand to the newly created role of head of equities and increased its consideration of environmental and social governance factors on investment strategy, appointing Andrew Gray to the newly created role of governance manager within the investment team last June.
The Association of Superannuation Funds of Australia has appointed a new director representing industry funds, among a number of other appointments in recent months.
The Association of Superannuation Funds of Australia has tapped an experienced public policy executive as head of policy and advocacy.
The firm has welcomed an experienced financial services executive, who helped establish Vanguard's superannuation business, as its new chief financial officer.
The $8.9 billion fund has tapped a fintech company headquartered in Rotterdam as investment performance consultant.
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