Tasmanian super fund Tasplan has appointed its new chief investment officer (CIO), David Stuart, who has previously been the lead consultant advising Tasplan for over a decade in his previous role as chief strategist for Mercer in the Pacific region.
With almost 40 years’ industry experience, the former partner in Mercer’s Wealth business had also served as the chair of Mercer Australia’s Dynamic Asset Allocation Committee, as well as chairing the Global Dynamic Asset Allocation Committee.
Prior to joining Mercer, he had worked as regional CIO for HSBC Asset Management, responsible for all Asia Pacific investment teams.
He had also held investment roles at Prudential Portfolio Managers, Norwich Union and Victorian Funds Management Corporation.
Before emigrating to Australia in 1994, he was the investment manager for the British Gas pension funds in London.
Naomi Edwards, chair of the Tasplan board, said Stuart’s previous experience in senior investment management made him the perfect choice.
“The expertise and understanding of dynamic asset allocation David demonstrated during his time at Mercer, one of the largest investment advisors in the world, will no doubt assist Tasplan in continuing to deliver excellent returns for our members,” Edwards said.