Simon Bridger to take the reigns of Perpetual's Ethical SRI Fund
Perpetual Investments has announced management changes to its Perpetual Ethical SRI Fund, which will now be managed solely by Simon Bridger.
Until now, Bridger had jointly managed the Ethical Fund with head of Australian equities John Sevior.
Sevior will continue to develop new strategies for Perpetual's Australian equities funds and manage Perpetual's Pure Value Fund and the Concentrated Equity Fund.
Bridger has been part of Perpetual's Australian equities team since July 2008. He has in excess of 20 years financial services experience in Australia and overseas and has worked for companies including Bain/Deutsche, HSBC and ABN AMRO.
"After 18 months at Perpetual, he is familiar with our investment process and culture and has performed extremely well," said group executive Perpetual Investments business services and chief operating officer Australian equities Cathy Doyle.
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.