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AusSuper closes in on new CIO amid shifting investment landscape

Lucas Baird

The race to become AustralianSuper’s next chief investment officer is in the home stretch, and whoever wins the coveted role at the $410 billion pensions giant when Mark Delaney steps down on June 30 will face some big decisions on its long-term investment strategy.

Shaun Manuell, who leads the fund’s local equities portfolio, is widely tipped as the internal favourite, and news of his interview earlier this month quickly spread through the $4.5 trillion sector. Still, the fund’s board is also working with recruitment firm Spencer Stuart to identify external talent.

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