HESTA adds to senior investment management team
HESTA has appointed Dr Michael Kollo as general manager – quantitative solutions and risk, which is a new role within the fund’s investment management team intended to further build on its internal investment capabilities.
Kollo was most recently chief quantitative strategist and deputy head of research at Rosenberg Equities, AXA Investment Managers. He had also held roles at Renaissance Asset Managers, Fidelity International and BlackRock.
Kollo’s appointment was the latest step in HESTA’s implementation of a five-year Investment Strategy Review that aimed to set up its investment team for future success.
“Michael will help us to leverage large and varied data sets, use econometric and machine learning techniques that will support us to continue delivering strong investment returns for members in the future,” HESTA’s chief investment officer, Sonya Sawtell-Rickson, said.
Kollo said: “I am excited to be joining HESTA to help shape and deliver the transformation of the fund’s investment capability, so we can continue to deliver strong investment performance for members.”
Recommended for you
Iress has announced it is strengthening its security settings after suffering an unauthorised access of its systems over the weekend.
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
