Colonial First State Global Asset Management (CFS GAM) has pulled the plug on its Property & Alternatives Investments (PAI) group, letting go its head and creating discrete business units for property and infrastructure, in the process formalising its exit from private equity and other alternatives.
Michael Gordon, the former European chief investment officer for Fidelity International, based in London, has left the firm and has told friends he will take a break from the funds management industry.
Michael Gordon, the former European chief investment officer for Fidelity International, based in London, has left the firm and has told friends he will take a break from the funds management industry.
Colonial First State Global Asset Management (CFS GAM) is restructuring and searching for two senior executives following the decision of Neil Cochrane, deputy chief executive and global head of business development, to retire in September, as well as the departure of the head of the UK business.
First it was regional CIO Lochiel Crafter returning to Sydney to run the ARIA funds, then international business head Mark Lazberger leaving London for the Colonial First State GAM top spot – now another senior Australian import within State Street Global Advisors is homeward bound.
First it was regional CIO Lochiel Crafter returning to Sydney to run the ARIA funds, then international business head Mark Lazberger leaving London for the Colonial First State GAM top spot – now another senior Australian import within State Street Global Advisors is homeward bound.
Former State Street Global Advisers regional chief investment officer, Lochiel Crafter, is coming home to run one of Australia’s largest superannuation funds.