27 Feb 2019
Penny Heard has recently been appointed as Portfolio Manager within the Global Strategies and Quantitative team, further strengthening our in-house investment management capability.
Penny brings over 15 years’ experience to the role, joining from JCP Investment Partners where she was a Senior Portfolio Manager and Research Analyst. Prior to this she held senior roles with Bank of America Merrill Lynch in Australia and Hong Kong.
Our Chief Investment Officer John Pearce said of the appointment: “I’m pleased to welcome Penny to UniSuper. Her appointment adds to the considerable talent we have been able to attract from other funds and investment banks over recent years, which has enabled us to expand the scope of our in-house management activities”. Over 65% of the total Fund is now managed by UniSuper’s in-house teams.
A separate development is the appointment of Lou Capparelli to the position of Manager, Sustainable Portfolios and Governance. Lou is a member of UniSuper’s Australian equities team with extensive experience in the Australian market, including senior roles at Blackrock and Evans and Partners.
Pearce said: “ESG teams are typically staffed by people who do not have direct portfolio management responsibilities, so Lou’s appointment places us in a relatively unique position in the industry. His appointment is testament to how committed we are to factoring environmental, social, and governance considerations into the investment process.”
More on internal investment management at UniSuper