Rest Super has welcomed Scott Tully and Paul Docherty to its investment team.
Mr Tully has joined Rest on a six-month contract as head of investment option development, bringing with him over 30 years of experience in financial services and investment markets. Two decades of his career were exclusively spent with Colonial First State, most recently as executive director of investments.
“Scott has a vast degree of experience and expertise in investment management and with a wide range of investment objectives. Rest stands to benefit from Scott’s knowledge, as well as the fresh set of eyes he will bring to our investment option menu,” said Rest chief investment officer Andrew Lill.
Moreover, Mr Docherty has been appointed head of portfolio construction and research and will be responsible for enhancing the fund’s super strategy and asset allocation abilities for member-focused multi-asset portfolios.
Prior to joining Rest, Mr Docherty held the role of strategy and risk general manager at Spirit Super. He additionally boasts an extensive background in consultancy and academia in the field of financial markets.
“Paul’s experience will be instrumental in this process, and I’m delighted that he will join the Team,” Mr Lill explained.
Both Mr Tully and Mr Docherty will be based in Sydney and will report to Mr Lill and Andrew Thomas, head of investment strategy and asset allocation, respectively.
Mr Lill said Rest had been developing the internal expertise of the fund’s investment function in recent years.
“The majority of Rest members are decades from retirement, including more than 1 million members aged younger than 35. Our investment strategy and diversified portfolio are increasingly reflecting this uniquely long-term investing horizon,” he added.
“It’s important that we regularly review our investment options to ensure they continue to reflect interests and needs across our membership.”
“We are also continuing to evolve our whole of fund approach to maintain the strong long-term returns we have delivered to Rest members, including by looking to expand our internal investment management capability,” Mr Lill concluded.