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Rest appoints Aussie equities headBY ANNABELLE DICKSON | MONDAY, 21 JUN 2021 12:19PM
The industry superannuation fund has hired from Australian Catholic Superannuation and Retirement Fund as it continues its hiring spree for the internal investment team.Read more: Rest, Chris Drew, Andrew Lill, Kiran Singh, Andrew Thomas, Corrine Henville, FuturePlus Financial Services, Sally Cobb, Sonia Bluzmanis, Sunsuper
Lifecycle MySuper was a better bet than single strategy default funds for members below 40 years of age in FY21 as the equity markets rebounded after COVID, according to Rainmaker Information.
The advice group has appointed a head in Queensland, reporting to chief executive Terry Dillon.
Australia's exchange traded product market reached $115 billion at the end of June 2021, increasing 76% in 12 months - but according to Rainmaker research, only a small portion of that growth came from performance.
The chair of Clime Investment Management and one of its shareholders are calling for the removal of long-serving executive Neil Schafer.
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