After a review this year, Russell Investment Group has been retained as the Trust’s investment advisor.

 


Our investments, now worth over $1 billion, provide the income stream that funds the annual grants programme, so it’s important that they perform strongly. For this reason Russell Investment, which has a long history as investment advisor for the Trust, was this year compared with other potential advisors.

After analysis of the candidates, the Trust decided that Russell remains the best choice.

A long association means it has developed a sensitivity to our business and together we have created a robust reserving policy. Under its guidance the Trust has devised a prudent investment strategy that has seen an average 8.8% return since 1994 and the Trust has been able to make more than $600 million worth of grants since it was formed in 1988.

As part of the decision-making process the Trust brought on board consultant Susie Weaver. She was involved in the interviews and provided analysis for the assessments.

Susie, who has been a Government Superannuation Fund Authority board member since 2001 and is now  a principal  of Weaver Consulting Ltd, will remain as an expert consultant as the Trust continues to develop its investment strategies.