Bernstein signs on IAG portfolio manager

Bernstein has appointed James Crawford, formerly head of strategy and business development at IAG Asset Management, as senior portfolio manager.

Crawford, who was previously responsible for IAG’s strategic asset allocation and external manager portfolios, will join Bernstein’s Australian equities team reporting to Stuart Rae, Bernstein’s Australian chief investment officer. He will also work with US-based senior portfolio manager, Kevin Boreen, on the Global Value team. “This is a significant step forward for Bernstein in Australia. It demonstrates the commitment that Bernstein is making to our market and our growing Australian client base,” Rae said. Prior to IAG, Crawford spent seven years as consultant and principal at Towers Perrin and six years at Commonwealth Funds Management where he held several roles including economist, portfolio manager and head of research.

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Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

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