Sydney-based advice firm MCG Wealth Management has appointed a former Sunsuper chief investment officer as its head of the firm's investment committee.
MCG Wealth Management has named Jack Gray as the new head. Mr Gray was most recently co-head of asset allocation at GMO Boston, the firm said in a statement, and was also previously chief investment officer at Sunsuper and an executive director at AMP Asset Management.
“He was published widely in both academic and practitioner journals, and is currently an adjunct professor of finance at the Paul Woolley Centre of the University of Technology Sydney and a director of advisory firm, Brookvine,” the statement said.
MCG Wealth Management was established in 2005 to manage portfolios of a “select group of wealthy investors”. The firm now manages approximately $500 million in assets.
ASIC has slammed super funds for employing communication strategies that may have confused or misled members about their product’s performance.
Stephen Jones has reiterated his commitment to ensuring Australians have access to affordable financial advice following a meeting with Michelle Levy....
A recent survey suggested many share the same sentiment.
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