Eslake to advise at Wingate Asset Management

australian unity investments chief investment officer fund manager federal government

14 January 2010
| By Lucinda Beaman |
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Well-known former ANZ Bank chief economist Saul Eslake has taken up a role on the investment advisory committee of Wingate Asset Management.

Eslake left his position as chief economist of ANZ Bank last year after 15 years with the group.

Wingate Asset Management chief investment officer Chad Padowitz said Eslake would provide the group with global economic views as well as insights into developing macro trends.

Eslake is also a member of three Federal Government advisory panels: the World Trade Organisation Advisory Group, the Trade Policy Advisory Council, and the Foreign Affairs Council. In addition, he is the program director — productivity growth at Grattan Institute.

Wingate Asset Management is an international equities fund manager formed through a joint venture between the Wingate Group and Australian Unity Investments.

A statement from Wingate pointed to Eslake as the first external appointment to the investment advisory committee. The committee also includes a number of Wingate and Australian Unity executives, including the head of Australian Unity Investments, David Bryant.

The group’s Global Equity Income Fund outperformed its benchmark by 10.3 per cent in 2009.

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