Alex Bacchus Appointed Acting CIO of NZ Super
Bacchus will step in for Stephen Gilmore, who is leaving for CalPERS.
Ramji is Vanguard’s first external hire for the position.
The fund’s deputy CIO will step up to replace the long-tenured Chris Ailman.
His success came from pioneering efforts in applying algorithms to hedge fund trading, a popular investment for allocators.
Policymakers don’t want a repeat of 2019, when QT ruffled the markets.