£30bn local authority pension pool names new CEO

first_imgLaura Chappell, CEO of Brunel Pension Partnership “We had very specific qualities we were seeking for the successful candidate,” said Denise Le Gal, chair of the Brunel board.“As a highly experienced professional with a strong risk management background, it was clear that Laura had the best fit we were seeking. Laura is closely aligned with our values and the investment principles that form the foundation of Brunel.”According to her LinkedIn profile, previous roles held by Chappell include head of risk at Brewin Dolphin, interim head of operational risk at Schroders, and director, operational risk at then Barclays Global Investors.She said: “I’m very much looking forward to the next chapter in Brunel’s development and all of the exciting challenge it faces.”Asked if Brunel had named a successor to Chappell as chief compliance and risk officer, a spokesperson for the asset pool said it was “evaluating our future requirements and will recruit where appropriate”.Announcing Turner’s resignation in July, Brunel said she wanted to make way for a different leadership approach as the asset pool entered into a new phase. Turner was instrumental in setting up Brunel, taking it from the early stages in response to government regulations to setting it up as a regulated investment management company.Brunel’s founding pension funds have around £30bn (€35bn) in assets between them, with the company yesterday announcing that half of that had been transitioned.The asset pool expects the transition of client assets to be nearly complete by the fourth quarter of this year, when the majority of its portfolios should be launched.It currently has 11 investment portfolios, for which 29 strategies have been selected. Its largest portfolio, high alpha equities, was launched last month with more than £2.5bn of assets. Laura Chappell has been appointed chief executive officer of pension pool Brunel Pension Partnership, a role she had been fulfilling on an acting basis since September.Chappell has now formally succeeded Dawn Turner, whose resignation was announced in July. Before taking on the acting CEO role Chappell had been Brunel’s chief compliance and risk officer.Brunel, which is one of the UK’s eight asset pools set up by local government pension schemes, announced the appointment shortly before the December holiday period.last_img read more

Modern coastal home built for entertaining

first_imgThe home at 1 Landsborough Ave, Scarborough. Picture: supplied.THIS modern home was built for family living and poolside entertaining. Owners Suzanne and Andrew Parker bought the property at 1 Landsborough Ave, Scarborough in 2009. “It had a little cottage, which we lived in for three years, and seven years ago we knocked it down and rebuilt,” Mrs Parker said. When it came to the new home the Parkers wanted to take advantage of the sea breezes and waterfront views while creating a private entertainer’s home built around a huge swimming pool. The kitchen has a servery to the poolside entertaining area. Picture: supplied. MORE NEWS: This is what a $1.5M renovation looks like Would you swim in a skip bin? Sky high penthouse with sea viewscenter_img “For us it was all about entertaining family and friends and having that open-plan, indoor-outdoor living,” Mrs Parker said.“We wanted a parent’s retreat with double sized everything – the ensuite, the shower, the spa bath.“We also needed a theatre room and a garage that could house our 22ft Bowrider with trailer.” Set across two levels, the home has a lounge with cocktail bar and an open-plan kitchen and dining space opening to the poolside patio. The kitchen has a walk-in pantry and servery to the outdoor space. The master ensuite has a double spa, double shower and double basins. Picture: supplied.“I love that the kitchen is quite big and open so when you’re entertaining you’re still engaging with people around the pool area,” Mrs Parker said. More from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours agoA triple garage, laundry and powder room complete the downstairs area, while outside the patio wraps around the huge magnesium swimming pool.“The alfresco area is probably my favourite part of the home. You feel like you’re in a resort when you’re out there,” Mrs Parker said. The living area has a built-in cocktail bar. Picture: supplied.Upstairs the spacious master suite includes a walk-in wardrobe, a balcony and an ensuite with double spa bath, separate toilet and double shower.There is also a family bathroom, a living room and three bedrooms with a balcony to one on this level.The home is on a fenced 400sq m block a short walk to the foreshore, restaurants and shops. The property is on the market through Clinton Viertel of Belle Property Redcliffe.last_img read more

Spring Championships

first_imgCongratulations to the East Central girls who ran away with the Franklin County girls track sectional.  East Central won this meet in an overwhelming manner.  In the boys sectional, held two days later, the East Central boys were also sectional champs, but this meet was highly contested between EC, Franklin County, Batesville, and Lawrenceburg.  Congratulations to both East Central squads on sectional wins.In the EIAC boys golf championship, the Batesville Bulldogs stopped a Greensburg streak of conference championships with a one-shot win over the South Dearborn Knights.  The MVP of the conference was by South Dearborn’s Drew Miller.  Second place went to Batesville’s Ross Harmeyer.  Congratulations to the Bulldogs.The girls tennis sectional was not complete at this writing.last_img read more