Retail industry super fund REST has appointed Chris Drew to newly-created role of head of Australian equities, reporting to head of listed assets, Kiran Singh.
Drew, who joined from Australian Catholic Super Fund, where he served as investment manager – public markets, would start in July and would be based in Sydney.
Andrew Lill, REST chief investment officer, said the fund had expanded the internal expertise within its investment’s team during the past six months in a move to assemble “a group of experienced leaders who are focused on constructing member-focused, multi-asset portfolios”.
“Australian equities is one of our largest asset classes and is a key driver in delivering strong and competitive returns for members. Chris’s experience and expertise will be valuable as we position for further growth,” Lill said.
Prior to Australian Catholic Super Fund, Drew was an investment Manager at Sunsuper from June 2012 to June 2015 and was primarily responsible for managing the Australian equities portfolio.
He also held roles with the Energy Industry Superannuation Scheme, and FuturePlus Financial Services.
The super fund has tapped a former Vanguard and Plato Investment Management executive to lead its fixed interest team.
The firm has grown its wealth management team with an experienced distribution specialist.
The $36 billion fund has announced the appointment of an experienced public sector executive leader.
The mega fund has announced two new appointments to its board, including the former deputy chair of the prudential regulator and a former secretary to the Australian Treasury.
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