QIC appoints former DMP Asset Management CEO

Australian-based asset manager, QIC, has announced the appointment of Allison Hill to the newly-created role of director of investments within its global multi-asset (GMA) division, effective 29 January 2018.

Based in Brisbane and reporting to MD global multi-asset, Jim Christensen, Hill will primarily be responsible for managing end-to-end relationships with some of GMA's largest investor funds, managing investment needs across asset classes to meet liquidity and ROI objectives, and reporting processes.

Hill, who has over 15 years' industry experience, was most recently the CEO of DMP Asset Management, a role she was appointed to in November 2014. Prior to this, she spent 11 years as an investment consultant with Frontier Advisors and previously worked at Colonial First State and BT Funds Management.

Commenting on her appointment at QIC, Christensen said: "As GMA continues to grow, we needed to appoint a candidate who can effectively act as an outsourced Chief Investment Officer for a number of our investor funds - someone able to demonstrate a solid understanding of a broad range of listed and unlisted asset classes, coupled with the expertise to help Boards confidently devise their strategies and realise investment objectives. Allison's unique mix of quantitative and consulting skills were therefore extremely attractive, and will deliver a great deal of value to the GMA team and our clients."

Hill's role at DMP Asset Management will not be replaced, with executive chair and former CEO Harry Cator covering her duties.