Lonsec strengthens research team
Londales Securities (Lonsec)has restructured its research team and strengthened its resources with the addition of two research analysts, following the impending departure of head of research Anthony Garvey.
The research restructure within theZurich Financial Servicesmember group will involve the integration of the previously separate managed funds, listed equities, agribusiness and property research teams into one co-ordinated research division.
The new team will be led by head of research Claude Silverii.
Lonsec managing director Norman Graham says the research team integration is the result of demand from financial planning clients for a portfolio-based approach to the business.
“Lonsec remains focused on being the pre-eminent provider of research, stockbroking services and portfolio advice to financial planners,” he says.
With the departure of Garvey, who joins Investor Group’s Investor Financial Planning division on May 6, 2002, two senior appointments have been made.
John Watson joins Lonsec as senior research analyst and John Nelson joins the group as research analyst.
Watson’s background experience in portfolio management and research has come through roles with Le Fort Capital Corporation,RetireInvest,State Street Global AdvisorsandInvesco.
“John Watson’s strong background in funds management, portfolio management and research will continue to enhance the quality of our offering to financial planners,” Graham says.
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