PROF. MICHAEL DREW

Michael E. Drew is a consulting financial economist specialising in the areas of investment governance, asset allocation, pension plan design, and outcome-oriented investing. Michael is a Director of Drew, Walk & Co. and a Professor of Finance at Griffith University. He has held previous academic appointments at the Australian National University and QUT, and senior industry appointments with J.B. Were & Son, MGD Private, Myer Family Company, Ord Minnett, QSuper, QIC, and Wilson HTM. Michael’s research has appeared in leading practitioner journals, including the Journal of Pension Economics and Finance, the Journal of Portfolio Management, and the Journal of Retirement.

 

He has been invited to make submissions and testify before numerous committees, including the U.S. Department of Labor and Securities Exchange Commission joint hearing on Target Date Funds and the Productivity Commission hearing on Superannuation: Assessing Efficiency and Competitiveness. Michael is a regular media commentator and consultant on investment-related matters and has authored over 85 scholarly papers. His work has been cited by numerous agencies (incl. International Organisation of Pension Supervisors, Review of the Governance, Efficiency, Structure and Operation of Australia’s Superannuation System (Cooper Review), Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (Hayne Royal Commission), U.S. Federal Register, U.S. Government Accountability Office, U.S. Senate Hearing before the Special Committee on Aging, The Vanguard Group, Inc., and the World Bank).

 

Michael’s research agenda has been supported by leading granting agencies (incl. Australian Research Council Discovery and Linkage Grants and the CSIRO-Monash Superannuation Research Cluster) and he is a former member of the ARC College of Experts. Michael was awarded the inaugural Financial Services Institute of Australasia (FINSIA) Pinnacle Award in the category of Most Outstanding Thought Leader. Professor Drew is an active company director holding a range of non-executive appointments and is a Fellow of the Australian Institute of Company Directors and the Governance Institute of Australia. Concurrently, Michael serves as a trustee director and member of the QSuper Investment Committee and is a member of the Investment Advisory Board of the Petroleum Fund of Timor-Leste and, a Trustee (and Member of the Finance, Audit, and Risk Committee) of Mary Aikenhead Ministries. Michael received his PhD in the field of economics from the University of Queensland, is an Accredited Investment Fiduciary Analyst™, and a Life Member of FINSIA.

 

With his colleague Dr Adam N. Walk, he has co-authored the monograph, Investment Governance for Fiduciaries, published by the CFA Institute Research Foundation in April 2019. Michael is currently reading for a second doctorate (DPhil) under Professor Gordon L. Clark on a part-time basis at St Peter’s College, University of Oxford in the field of fiduciary investing.