BGI taps competitor for ‘new Genocchio’

Barclays Global Investors has replaced its former head of sales – consultant and research house relations, Charles Genocchio, who left earlier this year to re-establish HSBC Asset Management in the Australian marketplace.

It is understood that Mark Oliver, who since May 2006 has been a director of channel management and direct sales at Credit Suisse Asset Management (Australia), has taken the role. Prior to his stint at CSAM, Oliver was a client relations manager for State Street Global Advisors, and before that worked in a similar capacity for several Scottish-based managers including Martin Currie.

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As the Magnificent Seven fade, CFS looks further afield for returns

Colonial First State chief investment officer Jonathan Armitage says a shift away from reliance on US mega-cap tech stocks is reshaping portfolio resilience, with emerging markets, private debt and catastrophe bonds helping to drive returns across the portfolio.

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