Third-party marketer seeks BDM

An Australian funds management third-party marketing firm is looking to hire a business development manager to help expand the business.

I&T News understands Ambassador Funds Management Services is in the process of recruiting a BDM, and is conducting the search itself.

Ambassador’s stable of fund managers includes London-based global emerging markets specialist Charlemagne Capital, mid to large cap equities specialist Altrinsic Global Advisors, New York-based Cohen & Steers, which manages income-oriented equity portfolios, and alternative fixed income strategies manager Highland Capital.

Richard Darke, a partner at Ambassador, declined to comment.

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The twin forces rewriting the rules of investing

Portfolios built for the old world will be severely tested as emerging forces rewrite the rules of investing. The Top1000Funds.com Fiduciary Investors Symposium heard that geopolitical and macroeconomic upheaval, together with the disruption wrought by AI, should force asset owners to rethink the structure and composition of portfolios.

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