CFS makes two senior hires

CFS AustralianSuper MLC Asset Management

22 August 2023
| By Laura Dew |
image
image
expand image

Colonial First State (CFS) has appointed two investment professionals from MLC Asset Management and AustralianSuper. 

Al Clark joined the firm as head of investments from the same role at MLC Asset Management. 

He has 25 years’ experience in financial services including global head of multi-asset at Nikko Asset Management and head of multi-asset for APAC at Schroders. 

The firm has also appointed John Iles as head of cash management and derivatives, joining from superannuation fund, AustralianSuper, where he was a portfolio manager looking after equities implementation.

Prior to joining AustralianSuper, he managed global and quantitative strategies for UniSuper. 

“John brings a wealth of experience in derivatives, balance sheet and cash optimisation, and exposure management,” said Jonathan Armitage, chief investment officer at CFS.
 
“His appointment is a key part of our strategy of building out our capabilities in active risk and portfolio management in our investment options. He will also focus on building out a cash management capability to ensure we are efficient in the way we manage cash across our multiple investments.”

Clark is based in Sydney and Iles is based in Melbourne. 
 
Earlier this year, CFS also made internal changes with Ben Lam being promoted from senior investment manager to head of equities, and Robert Graham Smith promoted from senior investment manager to head of fixed income and alternatives. 

Chetan Soorkea and Ramali De Zoysa were appointed as senior investment analysts. 

“This strengthening of our investment team will enable better decision making and better investment outcomes for our customers,” said Armitage.
 

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.
 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Random

What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...

3 days 9 hours ago
JOHN GILLIES

The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...

4 days 6 hours ago
JOHN GILLIES

How could that underestimate happen?usually the quote transfer straight into the SOA, and what on earth has the commissi...

4 days 6 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 4 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 2 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND