QSuper chief investment officer, Brad Holzberger, has announced his intention to retire at the end of September 2019, with the fund commencing a global search for his replacement.
Holzberger, who made the announcement at QSuper’s annual investment update last week, had led the fund’s investment team since 2009, directly overseeing the management of over $80 billion in funds.
“There is no overstating the role Brad has played in QSuper becoming one of the largest, most trusted funds in the country,” QSuper chief executive, Michael Pennisi, said.
“In addition to building our in-house investment team from the ground up, Brad’s experience, foresight and genuine care about the retirement outcomes of each and every member formed the cornerstone of what is now our trademark investment philosophy – to provide members with strong, consistent returns over their working lives and into retirement.”
Holzberger was integral in the development and implementation of QSuper’s global investment strategy and helped create the award-winning QSuper Lifetime lifecycle investment option.
Pennisi also praised Holzberger for role he had played in developing the industry and policy more broadly, saying he had become a trusted adviser to regulators and policy makers across the country.
Holzberger was a director of the Association of Superannuation Funds Australia (ASFA) from 2011 to 2017, also serving as the chair of ASFA’s Economics and Investment Policy Council.