The Future Fund Management Agency today announced changes to its team structure to further strengthen its investment capabilities.
The changes follow the appointment of Ben Samild as Chief Investment Officer in August. The appointment of two Deputy Chief Investment Officers is designed to enhance collaboration and complement the Future Fund's unique 'joined-up' approach to investing, as well as further build the investment team's ability to respond to the changing investment markets.
In the new structure:
- Hugh Murray has been appointed Deputy Chief Investment Officer. His direct reports will include the heads of Dynamic Asset Allocation, Strategic Opportunities & Integration, Overlays & Treasury and Economics & Capital Markets. Hugh was formerly Head of Overlays and has been acting in the Deputy Chief Investment Officer role vacated by Ben Samild when he was appointed CIO in August.
- Alicia Gregory continues as Deputy Chief Investment Officer and will add the Alternatives and Listed Equities teams to her direct reporting lines, alongside Credit and Private Equity. Alicia will also create a new position of Head of Tangibles, reporting to her, which will include the Infrastructure & Timberland and Property and Listed Tangibles teams.
Mr Samild said:
"The investment landscape has changed significantly in recent times, so there is a corresponding need to re-design how we work as an investment function in this new environment.
"The refreshed structure that we are introducing today represents an evolution in how we operate to leverage the strengths and capabilities of the Investment Team.
"It is designed to provide role clarity, encourage cross-team collaboration and empowers our teams to make critical investment decisions.
"Having benefitted from being able to consult extensively with colleagues since my appointment as CIO, I feel confident that these changes will enhance the way we work as a high-performing, joined-up Investment Team.
"Importantly, we have the structure in place to be able to meet our investment mandates both now, and well into the future," Mr Samild added.
