Industry Funds Management has appointed Angus McLeod as investment director, Australian equities replacing Tony Richard-Preston, and appointed three more investment personnel to its UK office.
McLeod will join IFM on October 1 from Colonial First State where he managed more than $3 billion in Australian equities indexed funds. Richard-Preston moved from Melbourne to Sydney to join IML in a client and researcher relationship focused role, that involves communicating with retail and institutional clients as well as researchers to ensure they are informed of IML’s investment holidngs, portfolio characteristics and views of investment markets. He will work between the invesmtent and marketing teams and reports to IML’s chief executive officer, Tim Hyett. Meanwhile Damian Moloney, chief executive of IFM, said the manager had also appointed three new investment managers in its UK office and had plans to beef that team to nine by the end of the financial year.
18 September 2007 00:00
preston, hyett, mcleod, holidngs, chief, invesmtent, office, views, appointed, richard, characteristics, ensure
Investments
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
Leave a Comment
You must be logged in to post a comment.