Industry fund boosts leadership with key appointment

— 1 minute read

The fund has appointed a new head of portfolio management as part of its “new-look” senior investment leadership team.

Alan Sheen

Alan Sheen will step into the role of HESTA head of portfolio management – an appointment the $52 billion industry fund says is a “significant step forward” in its strategy to deliver member returns at the lowest achievable cost and risk exposure. 

“Our investment strategy builds on our past success by strengthening our internal team’s capabilities to manage in-house our significant and growing asset pool while continuing to maintain great relationships with our investment partners,” chief investment officer Sonya Sawtell-Rickson said.


“Alan is a highly skilled investment professional and leader with 25 years’ experience in financial services, including leading large teams to invest across a vast range of functions and asset classes. This appointment adds great value to our new senior investment leadership team and I am delighted to welcome Alan to HESTA as we continue striving to make a real difference to our members’ financial future.”

Mr Sheen joins HESTA after seven years at Dalton Street Capital, where he was CIO and managing partner. He has also held the role of director and head of proprietary trading at Credit Suisse and has held CIO roles at Austock Asset Management and Challenger Funds Management. Mr Sheen will report to the CIO. 

“HESTA has been entrusted with investing the retirement savings of Australia’s frontline carers for more than 30 years,” Mr Sheen said.

“I feel incredibly proud and privileged to join the effort in contributing to helping our health and community services professionals reach their long-term retirement goals…I am looking forward to working with the entire HESTA team in guiding the growth of retirement savings for those members who care for us, our families and our communities through all life’s events.”

Mr Sheen will commence in the role on 28 September.


Industry fund boosts leadership with key appointment
Alan Sheen
ID logo

related articles

promoted stories

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.