Meet Investec’s new sales chief

Investec Asset Management has recruited its new head of sales and marketing from Tyndall’s institutional business development team.

Justin Cowper, who left his position as head of institutional business at Tyndall last month, began work in the senior sales role at Investec on Friday, confirmed Mark Samuelson, managing director of the South African-headquartered funds management business’ local arm.

Reporting to Samuelson, Cowper would lead the manager’s business development strategies in Australia, which was oriented around “further developing our relationships with key funds, platforms and consultants,” the managing director said.

Investec runs a range of equity and fixed income strategies, plus a multi-asset capability, from its manufacturing bases in Cape Town and London.

Before his tenure at Tyndall, Cowper was director of institutional sales at Principal Global Investors’ Australian business, and before that an instituional business development manager at Colonial Frst State. 

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‘It’s crazy’: More gold than bonds in super portfolios as funds rethink defensive plays

The shifting global economic landscape and its impact on currency markets are forcing asset owners to re-think the defensive portion of portfolios as traditional hedging techniques become less effective and new ones emerge. The Fiduciary Investors Symposium heard that for one fund that’s led to gold overtaking government bond allocations.

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