UniSuper has made three senior appointments in its investment leadership team.
The fund, which was named Super Fund of the Year at the Chant West awards earlier this year, had now increased its investment leadership team to seven, reflecting the fact 70% of the fund’s $105 billion assets were managed in-house.
They followed the resignation of Simon Hudson who was leaving his role as head of equities.
The new hires, which had been made internally, were Penny Heard as head of Australian equities, Sandra Lee as head of private markets, Thomas Tam as head of global strategies and quant methods.
They would start the new roles on 1 July, reporting to UniSuper chief investment officer, John Pearce.
Pearce said: “The skills, experiences and perspectives that our leadership team bring to their roles will provide real value to UniSuper’s members. UniSuper is proud to showcase leadership diversity for the diverse members we serve.
“With more than 70% of our $105 billion assets now managed in-house, UniSuper’s investment capability continues to drive efficiency for members, keeping fees low and positioning UniSuper to act quickly on opportunities that others don’t see.”