Credit Suisse commits to asset management
The head of distribution for asset management products for Credit Suisse in Australia and New Zealand, Filo Sedillo, has been appointed as the company's head of asset management in Australia.
Sedillo, a former head of alternative investments at Citigroup, joined Credit Suisse in 2007.
Credit Suisse's head of asset management in the Asia Pacific, Salman Shoaib, said Sedillo's appointment reflected the company's continued commitment to its asset management business in Australia following the sale of the Australian traditional equity and fixed income asset management business to Aberdeen Asset Management.
Sedillo said the primary objective was to deliver a customised suite of domestic and global alternative investment solutions and services.
"We have a successful Australian-based credit and real estate securities asset management business, as well as a world-class global alternative investment platform to draw from," he said.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.