Invesco scores Osborne as new economist
FormerMerill Lynchchief economist Peter Osborne is the latest addition to enter intoInvesco Australia’sdoors, and will join the group as head of economics on May 13, 2002.
Osborne, who has 20 years experience in the industry and spent the past five at Merill Lynch, replaces former head of economics Melinda Cilento who is departing the group after four years to take on the chief economist position at the Business Council of Australia.
Invesco head of investments Stephen Daley says the group’s search for a new economist led to Osborne, who was already well known to the Invesco investment team’s senior members.
“We approached Peter through a head hunter; we knew Peter and his work and heard he might be available,” Daley says.
“Peter’s work will be an important factor in creating future investment opportunities for our clients.”
As head of economics, Osborne will give economic input to the investment management team and assist the team to make decisions in accordance with the group’s thematic investment style.
Daley says the group is also currently searching for an additional equities analyst to expand the Australian and International equities team as part of its growth strategy.
Osborne will be based in Invesco’s Melbourne office and report to Daley.
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