New head of quant for MIR Investment Management

The founding head of quantitative research at MIR Investment Management, Brett McElwee, has departed and been replaced by Charles Hyde, previously the head of equities research at CommSec.

According to his official MIR biography, Hyde’s CommSec role saw him act “;as a bridge between the quantitative and qualitative teams, with his academic background providing him the ability to understand how quantitative methods can be profitably exploited in equities research”;. Meanwhile, MIR’s qualitative team has changed with analyst Gillian Eagles departing, and Mark Buizen, previously portfolio manager for UBS Asset Management’s emerging companies fund, being hired. MIR recently informed clients, asset consultants and ratings agencies of the changes.

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Aware backs tougher law to ensure company action against modern slavery

Aware Super has backed the call for a legislative change that will introduce mandatory human rights due diligence for large Australian companies, as head of responsible investment Liza McDonald said it’s a “reasonable request” which will help asset owners understand and manage the governance risks in their portfolios.

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