Rest, one of Australia’s largest industry superannuation funds, has further strengthened its investment expertise with the appointment of two experienced investment leaders.
Scott Tully has joined Rest on a six-month contract as Head of Investment Option Development.
Mr Tully previously spent 30 years with Colonial First State and its predecessor organisations, including two decades leading Colonial First State’s investment business, most recently as Executive Director of Investments.
Paul Docherty has also been appointed Head of Portfolio Construction and Research, and will play a key role in helping Rest to continue to enhance its investment strategy and asset allocation capabilities for member-focused multi-asset portfolios.
Mr Docherty has joined from Spirit Super, where he was the General Manager, Strategy and Risk. He also has an extensive background in consultancy and academia in the field of financial markets, funds management and economic policy.
Andrew Lill, Rest’s Chief Investment Officer, said Rest had been continually building the internal expertise of the Rest Investments team in recent years, and the addition of Mr Tully and Mr Docherty would further deepen the team’s whole of fund capability.
“The majority of Rest members are decades from retirement, including more than one million members aged younger than 35. Our investment strategy and diversified portfolio are increasingly reflecting this uniquely long-term investing horizon. It’s important that we regularly review our investment options to ensure they continue to reflect interests and needs across our membership,” he said.
“Scott has a vast degree of experience and expertise in investment management and with a wide range of investment objectives. Rest stands to benefit from Scott’s knowledge, as well as the fresh set of eyes he will bring to our investment option menu.
“We are also continuing to evolve our Whole of Fund Approach to maintain the strong long-term returns we have delivered to Rest members, including by looking to expand our internal investment management capability.
“Paul’s experience will be instrumental in this process, and I’m delighted that he will join the team,” Mr Lill said.
Mr Tully reports to Mr Lill, while Mr Docherty reports to Andrew Thomas, Head of Investment Strategy and Asset Allocation. Both will be based in Sydney.
About Rest
Established in 1988, Rest is one of Australia’s largest profit-to-member superannuation funds, with more than 1.9 million members and around $70 billion in funds under management as at 31 December 2022.
For further information please visit our media centre or contact:
Michael Mills
Senior Manager, Communications – Media Relations
media@rest.com.au
m: 0428 499 722
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