Bank Of Ireland AM cements split

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.

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Mercer Super expands into frontier market debt, builds out PE program

The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.

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