Challenger Financial Services’ head of distribution, David Asplin, has abruptly left the firm.
Asplin resigned suddenly last week after what is understood to have been a human resources-related issue. His responsibilities have been assumed by the head of institutional distribution, Matt Gaden, with immediate effect. A Challenger spokesperson said a replacement for Gaden’s wholesale role would be sought. Asplin had been at Challenger nearly four years, after following Chris Cuffe to the firm from Colonial First State in 2003.
28/11/2006
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Investments
Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.
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