GESB appoints investment strategists

GESB has appointed Kate Budiselik and Edwin Schultz as investment strategists.

Budiselik worked most recently as portfolio manager for MGPA in Hong Kong, and will be responsible for formulating and managing the fund’s real estate and infrastructure asset class strategies and multi manager line ups.

Budiselik has extensive real estate investment experience, having previously had roles as associate and assistant vice president for Citigroup Property Investors in Hong Kong and London respectively.

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Schultz has responsibility for asset allocation and currency. He joins GESB from Coronation in South Africa, where he spent 10 years as a portfolio manager and joint head of the absolute return unit and helped establish and manage a multi manager hedge fund. He was also the chief strategist and a founding member of Capital Alliance Asset Managers.

“These hires complement the appointment of Steve McKenna and Bill Dwyer to the team in the second half of 2009 and reinforce GESB’s commitment to ensuring it has the appropriate internal investment capability to oversee the formulation and implementation of prudent investment strategies for our members,” said GESB chief investment officer Sharon Hicks.

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