Ventura names new man at the top
Ventura Investment Management Limited, the joint venture betweenProfessional Investment ServicesandFrank Russell, have appointed Tom Lawton as the group’s general manager after the departure of Bill De Steiger late last year.
De Steiger left the company to pursue a position in funds management in Sydney.
Lawton was previously the Queensland state manager withAdvance Funds Managementand has been charged with the further promotion and delivery of the funds management group’s products to the market.
The Ventura funds are managed by Frank Russell using their multi manager approach with PIS, which owns Ventura, offering dealer groups and advisers equity participation if they support the funds.
Within weeks of launching early last year Ventura was placed on the Navigator master trust investment menu as well as that of the PIS owned master trust, Mentor Investment Services.
AUTHOR
Jason Spits
Recommended for you
As ASIC looks to publish firm-level data on the internal dispute resolution regime, a compliance professional has warned it could have unintended consequences, such as under-reporting.
Selfwealth’s acquirer, Syfe Group, has said the firm is hopeful of opportunities from the mass affluent population as it believes a gap exists between DIY brokerage and financial advisers.
Rose Partners, which has a strategic partnership with AZ NGA, has purchased an advisory and accounting business based in Queensland to drive its expansion.
Having already completed three major sales, Iress has announced its latest divestment following a strategic review conducted during its transformation program.
