Auscoal, Warners Bay, Australia, plans to seek an investment analyst to replace Daniel Grioli, who left the A$6 billion (US$6.1 billion) fund in January.
Mr. Grioli had covered Australian equities, global equities and cash investments for the fund. He recently moved to Sydney, where he is seeking a position in the investment management industry.
Paul Coenraads, investment manager at Auscoal, said he will search for a new analyst through his own contacts.
Michael Bailey is editor of I&T News, Sydney.