CFS currency expert joins job swap treadmill

global equities colonial first state director

3 September 2007
| By Liam Egan |

ING Investment Management (INGIM) has appointed former Colonial First State (CFS) currency specialist Dan McCarthy to its global equities team - one of a spate of recent inter-fund manager career moves.

Formerly responsible for managing CFS’s foreign currency exposures for international strategies, McCarthy will join INGIM as senior portfolio manager - tactical strategies in its international equities team, effective September 18.

He will perform a “pivotal role in hedging decisions for INGIM’s international equity portfolios, currency overlay/alpha strategies and day-to-day FX/cash flow management”, according to Eric Siegloff, director of tactical asset allocation and investment strategy.

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