Ian Webber returns with big U.S. manager

Ian Webber, who marketed Axa Rosenberg funds to domestic institutional investors until August 2010, will soon represent a $US50 billion funds manager in Australia.

Webber will represent Artio Global Investors, a US manager of equity and fixed income strategies, in Australia, people familiar with the matter say.

Artio is expected to make a formal announcement later this week.

Artio runs equity, investment-grade and high-yield fixed income funds, according to the manager’s website.

Before joining quantitative equities manager Axa Rosenberg in early 2007, Webber led the institutional marketing efforts for Citigroup Australia Asset Management.

Last year, his responsibilities at Axa Rosenberg were taken over by Craig Hurt, director of AXA Investment Managers’ business in Australia and New Zealand.

Artio’s New York office was closed for the July 4 U.S. holiday. Webber was unavailable for comment.

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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