Ex-Citigroup Weber to sell for Axa Rosenberg

Former Citigroup Australia Asset Management institutional marketer, Ian Weber, has landed a similar role at Axa Rosenberg in Australia.

Weber will essentially replace Nicholas Smith as the institutional face of Axa Rosenberg’s Australian business. The other Axa Rosenberg employee in Australia is Kaveh Jahrome, who runs client services. Weber was unavailable for comment. The retail distribution of Axa Rosenberg’s products will continue to be spearheaded by Equity Trustees, which last year became the responsible entity for the California-based manager’s Global Equity 130/30 Limited Shorting Strategy fund.

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

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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