BT Financial Group has named its new chief investment officer, revealed further additions to its investment team, and confirmed the search for a new asset allocation head.
Having served in the role since the departure of Martyn Wild in March, Corrin Collocott has been formally appointed as chief investment officer effective immediately.
Joining in November 2015 as head of diversified portfolios, Collocott was most recently head of asset allocation before stepping up to act as investments lead. He has also previously held roles with Sunsuper, Russell Investments and Tower Life.
BTFG general manager, platforms and investments, John Shuttleworth said Collocott had done an outstanding job developing BT's investment philosophy while acting in the position.
"As the superannuation sector continues to grow while facing into a challenging investment environment it is imperative we have specialist investment services to meet the needs of fund members through all life stages and into retirement," Shuttleworth said.
He followed that Collocott's understanding of the capital markets, portfolio construction and investment managers enables BT to seek every opportunity to boost returns and affords the flexibility to adapt to evolving market conditions.
A recruitment process to fill the head of asset allocation role will now commence, with Collocott to continue managing the responsibilities of the role in conjunction with asset allocation portfolio manager James Kerr.
This will be further aided by the appointment of Luke Crane as a portfolio analyst within the asset allocation team, joining from the organisation's investment specialists team. Crane joined BT in April 2016 and has previously served as a senior consultant with Deloitte and an investment consultant with Aon Hewitt.
BT also confirmed the recent additions of a new head of alternatives in Balaji Thiruvengadasamy and a new portfolio analyst on its equities team, Minna Kim, who were appointed in May and July respectively.