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Govt super fund builds investment team

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By Victoria Papandrea
  •  
2 minute read

Former NGS Super investment chief Bill Dwyer joins GESB as an investment strategist.

Public sector superannuation fund GESB has appointed former Non-Government Schools Super (NGS Super) investment chief Bill Dwyer to the role of investment strategist.

Dwyer will take up the position in mid-August and will be responsible for covering Australian and international equities, GESB chief investment officer Sharon Hicks told InvestorDaily.

"We hire where we can get the right fit and the quality of people, so we look to recruit on an opportunistic basis," she said.

"We don't have the mind set where we are trying to target a specific number of people or a specific number of positions.

"The environment is reasonably accommodating at the moment in terms of there being some quality experienced people available in the market, and we continue to talk to people if we think they will be a complementary fit for us within the team."

Dwyer's appointment follows a string of major hires by GESB over the past month, the most recent being Jim McCulloch, who was previously senior quantitative manager in AMP Capital Investors' structured products team.

Everest Financial Group's former head of alternatives Steve McKenna also joined GESB earlier this month as head of credit and alternatives.

GESB is an $8 billion fund based in Western Australia.