ANZ Custodian Services will expand its sales and marketing team under new director Angelo Calvitto, who took over from Kate Beaurepaire following her resignation late last month.
Beaurepaire, a marketer of ANZ’s custody wares for more than seven years, left to go on a walking holiday in the Himalayas and her subsequent plans are unknown. Calvitto said he had the resources to “hire a few more bodies” to specialised business development positions, concentrating on one of ANZ Custodian Services’ three core businesses – fund administration, securities lending and domestic sub-custody for overseas institutions. The sales and marketing team is now two people short, following Beaurepaire’s departure and that of Jamie Spark last August.
6 June 2006 00:00
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Investments
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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