The former head of distribution at Challenger Financial Services, David Asplin, is set to assume a similar role at a property funds manager based in his home town of Brisbane.

The Trinity Group flagged at its half-year result presentation last year that it would create a new head of distribution role, which a spokesperson said would “;staff up”; the property manager and developer to raise equity from wholesale and retail investors for a series of planned new funds. The appointment of Asplin to that role is expected to be announced next week, subject to finalisation of a contract. Asplin left Challenger after four years last November, and in the interim was doing some consulting work for van Eyk.