Mowll jumps Advance ship for CSAM…

Advance Asset Management has lost its new head of distribution Craig Mowll.

Mowll confirmed yesterday that he had resigned from Advance and St George and would begin a new position on Monday 26 June but could not say with which organisation. However, industry sources confirmed he would be joining Credit Suisse Asset Management (CSAM) as head of retail replacing Brian Thomas who left CSAM last month. Mowll was promoted to head of distribution at Advance last October but still retained his responsibilities as head of distribution for St George Margin Lending. He replaced Tom Kneen at Advance. “;It’s a reasonably similar role, encompassing a number of things,”; Mowll said. Mowll joined St George in 2001.

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Rest Super’s selective approach to PE pays off as program comes of age

Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.

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