Investment Strategy

Finance jobs scarce, except in compliance and risk

Wealth advisers, compliance and risk management departments at financial companies are expected to continue to hire amid muted demand for banking and financial services workers in the second quarter, a report from recruitment consultants Robert Walter says. Struggling European markets, higher funding costs and a cautious recruitment approach by companies is dampening hiring, according to […]
Investment Strategy

Citigroup hires Kevin Degabriele from JPMorgan

Citigroup Inc. has hired Kevin Degabriele from JPMorgan Chase & Co. to bolster its custody business, the fifth-biggest in Australia. Degabriele will join New York-based Citigroup as senior manager, client relationships and sales. He will report directly to Martin Carpenter, managing director of securities and fund services, global transactions services in Australia. “Kevin is very […]
Investment Strategy

Weston leaves Mercer for AMP

Stephanie Weston, who served as adviser to institutional investors at investment consultants Mercer, has joined AMP as director of investment management. Weston, from March 12, will be in charge of ongoing governance of investments of AMP and the National Mutual Life Association Co, which include investment products under the AMP and AXA brands. AMP spokesman […]
Investment Strategy

ANZ Staff Super hires Mercer for admin…

Mercer is in the process of hiring 120 new positions across its outsourcing business to cater for a flurry of new super fund clients in recent months, including the $2 billion ANZ Australian Staff Superannuation Scheme which yesterday announced it had switched from Russell Employee Benefits to Mercer for administration and member services.