Beaurepaire ends long tenure at ANZ Custody

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.

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Robeco CIO says AI winners and losers will be decided within a year

Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.

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