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.
3 June 2008 00:00
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Investments
Ian Patrick, chief investment officer of the $370 billion Australian Retirement Trust, says that integrated balance sheet management will “beyond a shadow of a doubt” become a more prominent feature in the superannuation industry as funds grapple with the compounding effects of their growing size, systemic importance and the liquidity needs of servicing a larger cohort of retirees.
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