Thomas named head of investment strategy at Rest

Andrew Thomas
ANDREW THOMAS
Retail Employees Superannuation Trust - Head of Investment Strategy and Asset Allocation
DEPARTURE
BlackRock Investment Management (Australia) Limited
BLACKROCK INVESTMENT MANAGEMENT (AUSTRALIA) LIMITED
Date: December 2020
Position: Managing Director - Head of Client Portfolio Solutions
APPOINTMENT
Retail Employees Superannuation Trust
RETAIL EMPLOYEES SUPERANNUATION TRUST
Date: April 2021
Position: Head of Investment Strategy and Asset Allocation

Rest has appointed Andrew Thomas as its head of investment strategy and investment allocation, part of the new in-house investments team led by Andrew Lill.

Thomas was most recently the managing director and head of client portfolio solutions for BlackRock Australia. He also spent nearly 20 years with QBE in several roles including head of strategy and asset allocation.

Rest also announced they had appointed Sally Cobb as head of capital markets.

In comments to Financial Standard, Andrew Lill said, "Andrew and Sally's appointments are important milestones as Rest continues to strengthen its management investments expertise and focus on constructing member-focused multi-asset portfolios.

"Andrew has a great investing history and expertise in asset allocation and portfolio construction, and Sally has a wealth of experience working globally in capital markets. Their experience will be valuable in Rest investments continuing to generate strong long-term returns for our members."

Reporting from Kanika Sood at Financial Standard contributed to this report.