CAAM extends retail push
|
|
Credit Agricole Asset Management (CAAM) has signalled a further push into the Australian retail investment market with the appointment of a new retail asset management senior distribution executive.
The company announced today that it had appointed former Macquarie Funds Management and Ironbark Asset Management staffer Cathryn Franks to the role.
Announcing the appointment, CAAM chief executive Richard Borysiewicz said Australia represented an important strategic market and the creation of the role for Franks would help further the company’s foothold.
“Very early on when we were defining our strategy in Australia, we decided that we would be both institutional and retail within the first five years,” he said. “So with the institutional success achieved so far, we are ready for a more deliberate effort in retail.”
AUTHOR
Mike Taylor
Recommended for you
With AMP advisers moving to Entireti and Insignia being the subject of a private equity bidding war, how can deals be navigated to ensure minimal stress and uncertainty for staff and advisers?
There are seven key mistakes that financial advice businesses need to steer clear of in 2025 to avoid hindering their business growth and profitability, according to Adviser Ratings.
The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would affect financial advisers.
While advisers are increasingly eyeing private markets and alternative investments, two reports have underlined the lack of investor understanding that persists among both advisers and clients.
