Clare Armstrong

Principal, Mercer

Armstrong is a principal in the manager research team, where her research responsibilities include Australian large- and small-cap equities and selected global and Asian equity strategies. She leads the equity specialist team in Australia and is the lead researcher for the Australian equity universe. She is also a voting member of the Australian ratings review committee for property and fixed income and the Asian equity ratings review committee. She is also a member of the single asset research group, which develops strategic research for Mercer clients. She is based in Melbourne. Prior to joining Mercer in February 2009, Armstrong gained 16 years of experience, including establishing and leading the managed investments research team at Goldman Sachs JBWere. She held roles as a sell-side equity research analyst with (then) SBC Warburg, covering a range of sectors, including tourism and leisure, healthcare and chemicals, and also worked as a buy-side analyst at Colonial Investment Management. Her experience in chartered accounting includes roles in business recovery and insolvency services and corporate taxation. She has a bachelor of commerce degree from the University of Melbourne, and a graduate diploma in applied finance and investment from the Securities Institute of Australia. She is a member of the Institute of Chartered Accountants Australia.
Adrian Banner

Chief executive and chief investment officer, INTECH

Banner was named chief executive in November 2012 and has been INTECH’s chief investment officer since January of the same year. He joined INTECH in August 2002 and since that time has been an integral part of the firm’s research team. In 2009, he was named co-chief investment officer. He has extensive knowledge of INTECH’s trading systems, optimisation programs and research initiatives, both on an operational and theoretical basis. He has held various roles as part of INTECH’s Princeton research team. He has lectured on the stability of market capitalisation and low-volatility equity portfolios at a number of academic and professional conferences and has authored several scholarly papers on stochastic portfolio theory. He has a PhD in mathematics from Princeton University, and master’s and bachelor’s degrees, also in mathematics, from the University of New South Wales. He has published a book titled The Calculus Lifesaver.
Nicole Bradford

Portfolio head – ESG, Cbus Super

Bradford is responsible for the integration of environmental, social and governance issues into the investment process. She has more than 20 years’ experience in the application of sustainability thinking across investments, within companies and government, and has worked and lived in Asia and Europe. Her previous role with GE Capital involved the development and integration of environmental and social policies for direct investments across a range of asset classes, including debt, equity, renewable energy infrastructure and real estate in the Asia-Pacific region. Bradford is on the member council for the Australian Council of Superannuation Investors and is actively involved in the Investor Group on Climate Change, including as chair of the Low Carbon Finance Working Group. She has a master’s degree in environmental law, a bachelor’s degree in resource and environmental management and a graduate certificate in applied finance.
Sameer Chopra

Head of Australian research, Bank of America Merrill Lynch

Chopra joined BofA Merrill Lynch in June 2010, and covers telecom stocks and environmental, social and governance issues across Australia and New Zealand. He is also co-head of regional telecom research. He was the top-ranked analyst for Australian telecoms in the Greenwich Asia survey of 2014. Previously he was a lead analyst at Deutsche Bank covering the Australian telecoms and engineering sectors. He also has a decade of experience as a management consultant to the telecoms and media industry in the UK, Australia and New Zealand. Prior to that, he worked with the Australian federal government where he was an adviser in the House of Representatives. He has a BComm (hons) from the Australian National University and an MBA from INSEAD. He is based in Sydney.
Kelly Christodoulou

Environmental, social and governance manager, investments, AustralianSuper

Christodoulou integrates material ESG issues across the investment portfolio. Prior to joining AustralianSuper, she worked in the investment banking houses of Credit Suisse and Morgan Stanley. She was awarded the Australian Institute of Superannuation Trustees Fund Executive 2015 scholarship prize and in 2014 she won the Australian government’s Board Diversity scholarship. Christodoulou has a master’s degree in finance and a bachelor’s degree in commerce. She is now at university studying social impact.
Dominique d’Avrincourt

Investment manager, listed assets, HESTA

D’Avrincourt joined the superannuation industry in 2013. Previously, she was a senior investment specialist at Vic Super. Her background is mostly in equities research and strategy. She started her career at Goldman Sachs JBWere in 2003, before joining Merrill Lynch and then CBA Institutional Equities as an institutional equities research analyst.
Louise Davidson

Chief executive, Australian Council of Superannuation Investors

Davidson was appointed to her current role in April 2015. She has expertise derived from more than 20 years of senior experience in the financial services and superannuation industry. She joined ACSI from Cbus Super, where, as investment manager, environmental social and governance, she was responsible for the integration of ESG issues within Cbus’ investment processes. In 2015, she was named Victoria’s Local Hero in the Australian of the Year Awards for her work as the co-founder and national chair of the Mother’s Day Classic Walk/Run for Breast Cancer Research. She is a director of the Peter MacCallum Cancer Centre and of the International Integrated Reporting initiative.
John Delano

Portfolio manager, OFI Global Asset Management

Delano joined the firm in May 2007 as a senior research analyst with the growth equity investment team specialising in the consumer discretionary and staples sectors for mid- and large-cap growth. He joined the global equity team in October 2010. Before joining the firm, he worked at Putnam Investments as an analyst covering large-cap growth focusing on hardware, software and telecommunication services. During his nine-year tenure at Putnam Investments, he was a derivatives analyst as well as an equity analyst focusing on retail. Prior to that, he worked as a trader at NationsBanc–CRT. He holds a BS in civil engineering from the University of Virginia and an MBA from Duke University. He has 18 years of experience and is also a CFA® charterholder.
Bill Dwyer

Senior consultant, JANA

Dwyer provides advice to clients in Australia and New Zealand and undertakes global equities manager research. Before joining JANA, he worked at a government superannuation fund, where he oversaw the investment team and was responsible for the management of the investment portfolio. Before that, he managed the investments of an industry superannuation fund through the global financial crisis in 2008-09. He has a bachelor’s degree in commerce (first class honours) and has investment and leadership training from Columbia Business School. He is a CFA charterholder and an actuary.
Simon Edelsten

Portfolio manager, Artemis Investment Management LLP

Edelsten joined Artemis in 2011. He manages the Artemis Global Select strategy and Mid Wynd International Investment Trust. After graduating from Trinity College, Oxford, he joined Phillips & Drew in 1985 and moved to Dresdner Kleinwort Benson in 1997 as head of European equity sales. From there, he went to Taube Hodson Stonex (THS) in 2001. In a five-man team, he had joint responsibility for global equities.
David Errington

Research analyst, Bank of America Merrill Lynch

Errington joined Merrill Lynch Equities (Australia) in January 1991, and has considerable experience in analysing Australian and Asian equities. He heads the consumer research teams in Australia and in the Asia-Pacific region. In 1995, he focused on diversified industrial companies then In 2000 he became head of the Australian consumer team, where coverage included beverages, food, alcohol, retail and diversified consumer companies. For the past 15 years, the Australian consumer research team has consistently ranked in the top three in various domestic and international investor surveys including Greenwich and Institutional Investor. In 2009, Asia Money voted him No 1 Equity Analyst in Australia (Overall Category) and No 1 Retail/Consumer Team. Errington completed his Masters of commerce at Melbourne University in 1988, specialising in finance. He was a senior lecturer with the Securities Institute of Australia and was a task force member with the SIA in advanced valuation techniques for industrial equities. He is a member of the social enterprise committee for the Brotherhood of St Laurence.
Mark Ferguson

Head of sector research, Emerging Markets and Asia Pacific (EMAP) Equities Team, J.P. Morgan Asset Management

Ferguson joined JP Morgan in 1999. Prior to that, he was an equity analyst covering banks, financials and insurance in Asia and the emerging markets. Before that, he covered European banks. He has a master’s degree in economics and a master’s degree in finance from Cambridge University. He is a CFA charterholder.
Simon Hudson

Head of equities, UniSuper

Hudson joined UniSuper in March 2010 and manages the fund’s domestic and fundamental international equity strategies, including both internally and externally managed portfolios. He has more than 29 years of experience in equities and financial markets. Prior to joining UniSuper, he was head of Australian equities at Queensland Investment Corporation. His previous roles include senior portfolio manager, Australian equities, at Colonial First State, where he managed a range of portfolios for both institutional and retail clients. He began his career as an equity analyst at Ord Minnett Securities (now JPMorgan) and has also worked for the Financial Services Authority (the UK’s financial markets and corporate regulator) in London. He has a bachelor’s degree in economics from the University of Sydney. He is a fellow of the Financial Services Institute of Australasia and a member of FINSIA’s funds and asset management industry council.
Björn Kvarnskog

Head of equities, Future Fund

Kvarnskog joined the Future Fund in February 2016 and is responsible for the strategy of the listed equities portfolio and a member of the investment committee. Previously, he was the head of global equities for eight years at the Fourth National Pension Fund (AP4) in Sweden; he was a member of the fund’s investment committee and was also responsible for overseeing all aspects of the fund’s long-only equity index portfolio and the total implementation of the fund’s portable alpha mandate, including manager selection and allocation of risk to two bespoke long-short alpha platforms. He previously held senior positions at DnB NOR Asset Management, AP3, Alfred Berg Asset Management and Handelsbanken Life. He has a master’s degree with a major in history and a bachelor’s degree with a major in finance and economics from Stockholm University, and a degree from Mid Sweden University. He has completed postgraduate studies in history.
Lachlan MacGregor

Portfolio manager, Alphinity Investment Management

MacGregor is a portfolio manager of Alphinity’s global equity portfolios with a focus on the technology, consumer discretionary, telecom and utilities sectors globally. He has 18 years of experience in the industry. From 2010-15, he was a senior member of Platinum Asset Management’s global equities investment team where he covered a diverse range of sectors and geographies, and managed investments across the firm’s international, sector and regional funds. Prior to joining Platinum, he was an investment director at private-equity firm Oceania Capital Partners, from 2006-10. In this role, he led new investments in listed and private companies, and had board-level and investment management responsibility for portfolio companies. He started his career in financial services at UBS Investment Bank in Australia in 1999. He was a director of UBS’s leading private-equity team, advising and arranging financing for some of the largest buyouts and exits in the Australian market. He holds a bachelor’s degree in commerce from Sydney University.
Innes McKeand

Head of equities, AustralianSuper

McKeand joined AustralianSuper in September 2011. Prior to this, he was head of equities with Aegon Asset Management in the UK. Before joining Aegon, he was the chief investment officer at AIB Investment Managers and he also spent 14 years with Scottish Life Assurance as chief investment officer. He is responsible for the development and implementation of a comprehensive strategy for the construction and management of AustralianSuper’s equities portfolio.
Michael Mulcahy

Head of global equities, JANA

Mulcahy is a senior consultant and head of the global equities research team. Prior to joining JANA in 2007, he held the position of portfolio manager, world equities, with Suncorp Investment Management for five years. Before assuming this role, he held a number of positions in the wealth-management arm of the Suncorp Group, including research manager, manager research and technical strategies, and investment product manager. He has a master’s degree in applied finance from Macquarie University and a bachelor’s degree in commerce from the University of Queensland.
Bhanu Singh

Head of Asia-Pacific portfolio management, Dimensional Australia Limited

Singh oversees the management of all portfolios in the Asia-Pacific region. He is actively involved in all aspects of implementation, from research and strategy design to security selection and risk management. He is also a member of the investment research committee. He joined Dimensional’s Santa Monica, California, office in 2003. He started his career on the US trading desk and later joined Dimensional’s Sydney office as a portfolio manager. He has an MBA from Chicago University, an MBA in analytical finance (honours) from the University of Chicago Booth School of Business, and a bachelor’s degree in business economics (honours) from the University of California, Los Angeles.
Colin Tate

Chief executive, Conexus Financial

Tate has been an investment industry media publisher and conference producer since 1996. In his media career, Tate has launched and overseen dozens of print and electronic publications. He is the chief executive and major shareholder of Conexus Financial, which was formed in 2005, and is headquartered in Sydney, Australia. The company stages more than 20 conferences and events each year – in London, New York, San Francisco, Los Angeles, Amsterdam, Beijing, Sydney and Melbourne – and publishes five media brands, including the global website and strategy newsletter for global institutional investors www.top1000funds.com. One of the company’s signature events is the bi-annual Fiduciary Investors Symposium. Conexus Financial’s events aim to place the responsibilities of investors in wider societal, and political contexts, as well as promote the long-term stability of markets and sustainable retirement incomes. Tate served for seven years on the board of Australia’s most high profile homeless charity, The Wayside Chapel; and he has underwritten the welfare of 60,000 people in 28 villages throughout Uganda via The Hunger Project.

Tuesday 9:00am WELCOME

Sarkis Tepeli

Senior Consultant, Frontier Advisors

Tepeli joined the Frontier as an analyst in September 2007. His responsibilities include providing consulting advice to clients in the superannuation and higher education sectors, preparing client investment reports and undertaking manager and investment research with a focus on both domestic and international equities. He is also a member of Frontier’s Member Solutions Group (MSG), which is specifically focused on tax exempt investors. He was previously employed by WorleyParsons as an Engineer/Consultant. He worked at the oil gas customer sector group servicing the Longford Terminal station for major client Esso before transferring to the power group. He holds a Masters of applied finance from Macquarie University and a Bachelor of commerce and Bachelor of engineering (electrical, honours) from the University of Melbourne.
Lucy Thomas

Global head of sustainability, Willis Towers Watson

Thomas is focused on supporting the growing number of asset owners around the world wanting to implement sustainable investment strategies. Her work encompasses formulating mission and policies right through to portfolio construction in order to achieve better outcomes. She is responsible for supporting the 100-strong investment and manager research team globally to integrate sustainability factors into the research process across various asset classes. She also promotes and enables investor stewardship, seeking to protect investors’ long-term interests through constructive engagement. She joined Willis Towers Watson in 2014 and brings diverse global investment knowledge to the team, with more than 14 years of industry experience. Her background includes equity research at Morgan Stanley in London, boutique real estate in Europe and a Sydney-based market-neutral hedge fund. She has a bachelor’s degree (honours) in management science from Dublin University (Trinity College). She is a CFA charterholder.
Ezinne Udeh Martinez

Head of investments, Australia Post Superannuation Scheme

Udeh Martinez is responsible for leading the development and implementation of the APSS investment strategy, overseeing the performance of the fund’s assets drawing on a deep understanding of capital markets and supporting the development of the overall fund’s strategic agenda. Prior to this role, she was the investment strategist for the APSS and before that, she worked in the corporate strategy team in Australia Post, where she was responsible for driving the delivery of the enterprise strategy and supporting various business units on major initiatives. Prior to joining Australia Post, she worked as a private equity analyst and institutional banking portfolio manager in ANZ for four years. During this time, she worked on all stages of the private equity investment cycle and was responsible for financial and strategic analysis, investment proposals and the sale and purchase of small and medium-sized enterprises in Australia and New Zealand. Udeh Martinez is a company director. She has a bachelor’s degree in commerce from the University of Melbourne and is a CFA charterholder.
Amanda White

Editor of www.top1000funds.com, director of institutional content, Conexus Financial

Amanda White is responsible for the content across all Conexus Financial’s institutional media and events. She is responsible for directing the bi-annual Fiduciary Investors Symposium which challenges global investors on investment best practice and aims to place the responsibilities of investors in wider societal, and political contexts, as well as promote the long-term stability of markets and sustainable retirement incomes. She is the editor of www.top1000funds.com, the online news and analysis site for the world’s largest institutional investors. White has been an investment journalist for more than 20 years and has edited industry journals including Investment & Technology, Investor Weekly and MasterFunds Quarterly. She was previously editorial director of InvestorInfo and has worked as a freelance journalist for the Australian Financial Review, CFO, Asset and Asia Asset Management. She has a Bachelor of Economics from Sydney University and a Master of Arts in Journalism from the University of Technology, Sydney. She was previously a columnist for the Canadian publication, Corporate Knights, which is distributed by the Globe and Mail and The Washington Post.
Mark Williams

Head of listed investments and strategy, Tasplan Super

Williams joined Tasplan in March 2006 and has worked as manager of investments since 2009. He has had broad experience in financial services dating back to 1994 across investments, superannuation, insurance and financial planning. Following Tasplan’s merger with RBF in 2016, he was appointed head of listed investments and strategy. He holds a Bachelor of commerce from the University of Tasmania (majoring in accounting and finance), has completed an advanced diploma of financial services and is currently undertaking a Masters of applied finance.