Russell appoints institutional business head in Australia

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Russell Investments today announced the appointment of Jodie Hampshire as its new Head of Institutional Business in Australia – a key role that will drive the firm’s evolving relationship with Australian institutional investors.

The Russell Institutional Business is focused on providing investment solutions and consulting services to superannuation funds and other institutional investors, and is actively seeking new alliances to build customised multi-asset funds, or align them with Russell’s existing suite of outcome-driven, multi-asset solutions.

According to Russell Chief Executive Asia Pacific, Alan Schoenheimer, Ms Hampshire brings a deep understanding of the Australian institutional market and will be instrumental in building the firm’s alliance approach by collaborating with a much broader set of institutional clients.

“Russell is focused on driving relationships with local insurance companies, industry funds, defined benefit funds, non-profits and corporate funds – helping them provide tailored solutions for members in the current challenging market environment. Jodie will play a critical role in highlighting to local institutions the full power of the Russell proposition,” Mr Schoenheimer said.

“Investors are facing a fixed income dilemma. Be they pension funds, life insurance companies or retirees, everyone has the same problem – fixed income isn’t generating enough yield.

“Russell’s approach in designing modern multi-asset portfolios responds to this dilemma and addresses the question on all investors’ minds: How do I get equity-like returns without the volatility of equities?

“Russell has focused its capabilities on providing clients with actively managed, outcome-oriented, multi-asset portfolios that offer real diversification by using richer components and being more adaptive to changing markets.”

Russell launched its alliance approach earlier this year announcing its first partnership in the retail advice market with Australian retail financial planning group Matrix Planning Solutions. Working with Russell, Matrix launched its PartnerShip Funds in February – five actively managed multi-asset portfolios designed to deliver different outcomes depending on the investor’s life stage and income needs.

Return to Russell

Ms Hampshire joins Russell from Mercer where she was Chief Operating Officer, Investments Pacific. The appointment is a return to Russell for Ms Hampshire who has a long background with the company, having served in roles in both Australia and London. She commenced her career with Russell in 2000, with her most recent position being Assistant Director, Product with Russell Investments in London, a role she held until 2006.

“Jodie brings a highly diverse global skill set to the firm, gained in her previous roles with Mercer and Russell. Her experience spans business strategy and business financials, investment consulting, product development and institutional sales, so she is well placed to drive relationships with institutions and forge new alliances,” Mr Schoenheimer concluded.

Ms Hampshire will start with Russell Investments on 14 August.

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