Asset Owners

Mine Super CIO resigns to pursue investment management doctorate

David Bell, the chief investment officer of Mine Super for the past four years, resigned, according to an announcement Friday by the A$11 billion ($8 billion), Sydney-based superannuation fund.

Mr. Bell — who is leaving to complete a doctorate degree in investment management at the University of New South Wales — will stay at the fund over the coming months "while a recruitment search is undertaken," a news release said.

Mr. Bell was instrumental in shifting the fund's investments to an "internally driven model" from one that had been led by consultants, the news release said.

Sarah Acocks, the fund's executive manager strategic marketing, couldn't be reached for comment.