Ausbil moves into global infrastructure

28 May 2018
| By Oksana Patron |
image
image
expand image

Ausbil Investment Management has announced plans to move into global infrastructure after it hired a team of four investment professionals to manage its new global listed infrastructure strategy.

The team included Tim Humphreys as portfolio manager, Jon Reyes as co-portfolio manager and head of transportation, and Paul Johnston as head of utilities, with the final member of the team to be announced shortly, the firm said in a press release.

Humphreys, who has over 20 years of experience in financial markets in Europe and Sydney, and previously worked for AMP Capital RARE and Rothschild Asset Management, would be responsible for the overall construction of the portfolio.

Reyes and Johnston would also be in charge of the portfolio construction, on top of conducting analysis of their respective sectors.

At the same time, Ausbil’s executive chairman and head of equities, Paul Xiradis, would continue to oversee the business’ domestic equity strategies.

Ausbil’s chief executive, Ross Youngman, said the team was expected to start in early July.

“We’re a decade into the global economic recovery with positive implications for global infrastructure. Our clients want exposure to the theme so we’re delighted to secure individuals of this calibre to implement our investment strategy,” he said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago