Ausbil moves into global infrastructure


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.
Recommended for you
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.
Nuveen has appointed a global head of estate, a successor to Chris McGibbon who steps down after almost 25 years.