Bank of Ireland Asset Management (BIAM) has continued to cement the separation of its research and portfolio management functions, filling newly created senior equity manager and senior research analyst roles.
Jamie Wood will report to Paul Boyne as a senior equity manager, after departing hedge fund manager Newman Ragazzi Partners. Meanwhile, BIAM’s newly-minted research team has appointed Barry Glavin as a senior research analyst, reporting to Chris Johns. Glavin was global head of industrials research at HSBC Halbis Partners. BIAM’s Melbourne-based Australasian director, Pat Lardner, said it was hoped the restructure would promote “specialisation and accountability”, and improve BIAM’s performance after what he admitted had been a “tough couple of years”. The large cap, value-biased global equity manager retains $1.2 billion under management from Australian clients.
As Australian superannuation funds grow bigger, the balance of investments will gradually tilt towards offshore assets, says the CIO of Australia’s second largest fund Aware.
Ben HurleySeptember 10, 2021
