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 November 2006 00:00
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Investments
In an environment where markets are becoming ever more concentrated, the $21 billion Team Super is happy to wear plenty of active risk from its managers and won’t use overlays to make up for underperformance.
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