GMO splits top role in Australia

The role of chief executive at GMO Australia will be split between two current executives, following the departure of executive director Paul Chadwick.

A Boston-based spokesperson for GMO said last week that Jason Haliwell, who is in charge of the Australian asset allocation strategy, would take on Chadwick’s investment responsibilities, while Glenn Howard, a marketing and client service person, would take on the client-facing responsibilities. As reported last week, Chadwick left following the purchase of his shares in the Australian subsidiary by the parent. He had been with GMO since shortly after its inception in Australia in the early 1990s. Chadwick said he would be considering whether or not to rejoin the industry after a period of “gardening leave”.

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Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

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