A senior institutional sales manager has departed ING Investment Management to join Principal Global Investors as director of institutional sales.
Cameron Sinclair will start at Principal on June 10, reporting to managing director and head of sales and marketing, Alex François. François said he was pleased to have an executive of Cameron’s knowledge and experience join the Principal team. Sinclair replaces Justin Cowper, who left late in 2007 to run insto sales at Suncorp/Tyndall Investment Management. ING Investment Management is yet to find a replacement for Sinclair, whose role will be temporarily managed by the two remaining institutional sales managers.
Future Fund chief investment officer Ben Samild said that FY24 has been a great year for alpha creation, thanks to strong returns in equities and, unusually, across multiple hedge fund strategies all at the same time. He reflected the past few years have been “a difficult time to be an asset owner and to generate positive returns for risk assets” but the Future Fund is tracking well of its long-term mandate.
Simon Hoyle and Darcy SongSeptember 4, 2024
