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Former AMP Life CIO joins industry super fund

Former AMP Life CIO joins industry super fund   1 minute read 07 July 2021 Jeff Brunton, former AMP Life CIO, has been announced as the new head of portfolio management at HESTA. Jeff Brunton will officially join the industry super fund on 26 July where he will report to CIO Sonya Sawtell-Rickson. “Our investment strategy is designed to deliver even stronger investment outcomes for members by improving the team’s capacity and capabilities while achieving cost efficiencies across a number of financial markets,” Ms Sawtell-Rickson said. Advertisement ); googletag.cmd.push(function() { googletag.display( div-gpt-ad-1606778578862-0 ); }); } Advertisement “Jeff brings a wealth of experience investing across a broad range of asset classes and leading direct asset management teams. ....

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HESTA appoints portfolio management head


Print
HESTA has appointed Jeff Brunton as head of portfolio management as the fund moves forward with its internalisation programme
, joining on 26 July, 2021
.
Brunton was previously chief investment officer (CIO) at AMP Life and then became deputy CIO at Resolution Life following the sale of AMP’s life insurance business.
The senior leadership hire was “essential” for the firm to support the fund’s goals of internalising its Australian equities function, said HESTA CIO Sonya Sawtell-Rickson. Brunton would lead the internal and implemented teams across its growth, defensive and unlisted asset classes.
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Sawtell-Rickson said: “Our investment strategy is designed to deliver even stronger investment outcomes for members by improving the team’s capacity and capabilities while achieving cost efficiencies across a number of financial markets. ....

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Bell Gully Advises Fidelity Life On Acquisition Of Westpac Life-NZ-Limited


Wednesday, 7 July 2021, 4:03 pm
Bell Gully is pleased to have advised Fidelity Life, New
Zealand s largest locally owned life insurer, on its
agreement to acquire Westpac Group s New Zealand life
insurance business and its associated equity funding
arrangements.
In connection with the acquisition,
Fidelity Life will enter into a 15-year strategic
alliance with Westpac NZ and will be the exclusive
distributor of life insurance to Westpac s retail customers.
The transaction involves equity funding arrangements with
Fidelity Life s largest shareholder the NZ Super Fund and
new investor Ngāi Tahu Holdings.
The agreement is
subject to regulator and Fidelity Life shareholder
approvals, and is expected to be completed by the end of ....

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