Mark Burgess to Chair Investment Committee at HESTA
Posted on 04/13/2017
A former managing director from Australia’s Future Fund has joined the board of HESTA. Mark Burgess will chair the investment committee at HESTA, along with Melda Donnelly and Tim Hughes. Burgess will join the HESTA board as an independent non-executive director. The new investment committee will meet six times per year.
HESTA plans to bring more assets in-house. The superannuation fund wants a larger investment team, something Burgess accomplished while heading up the Future Fund.
HESTA CEO Debby Blakey in a press release stated, “In a constantly evolving and complex investment marketplace it’s vital to have the right governance arrangements in place to commit dedicated time and expertise to examining leading-edge investment strategies. The Investment Committee will provide an important conduit for the latest leading investment insights to be considered by our Board.”
Keywords: HESTA Super Fund.