SYDNEY, Aug 1 (Reuters) - Australia's largest pension fund, AustralianSuper, has appointed senior executives to its London office as part of the rapidly growing fund's push to expand its presence overseas.
The A$300 billion ($201.39 billion) fund on Tuesday appointed six executives to investment, risk and corporate affairs roles, including Carl Astorri to Head of Investments, Europe; and John Normand, formerly head of cross-asset strategy at J.P. Morgan, to Head of Investment Strategy.
Deputy chief investment officer Damian Moloney, who is based in London, said the office was an "important investment engine" for AustralianSuper.
AustralianSuper expects to grow to A$500 billion in member assets within five years and will deploy roughly 70% of its inflows to global markets.
The fund plans to triple its global team to 300 within three years, spread across its London and New York offices plus a small contingent in Beijing.
Persons:
Carl Astorri, John Normand, Morgan, Damian Moloney, Lewis Jackson, Gerry Doyle
Organizations:
SYDNEY, Investments, Investment Strategy, Thomson
Locations:
Europe, London, Australia, New York, Beijing