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.
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.
AUTHOR
Chris Kennedy
Recommended for you
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.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.
