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Wednesday, February 24, 2016 Gus Sauter: Where Is He Now? Gus Sauter may be on the beach, but he's also lending his expertise down under.
The Australian Financial Review and the Sydney Morning Herald both reported on the news. Sunsuper is a $34-billion superannuation fund that is owned by two unions in Queensland and by the Chamber of Commerce and Industry Queensland. Sunsuper is a "profit-for-members fund" that exists "to benefit ... members, not shareholders," a structure that sounds similar to the mutually-owned structure of Sauter's old employer, Vanguard. Oh, and Sunsuper teamed up with Vanguard a year ago, too. Printed from: MFWire.com/story.asp?s=53535 Copyright 2016, InvestmentWires, Inc. All Rights Reserved |