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.
AUTHOR
Oksana Patron
Recommended for you
Lazard Asset Management has announced the launch of a new global equity fund, expanding its qualitative offering for Australian investors.
After introducing its first active ETF to the Australian market earlier this year, BlackRock is now preparing to launch its first actively managed, income-focused ETF by the end of November.
Milford Australia has welcomed two new funds to market, driven by advisers’ need for more liquid, transparent credit solutions that meet their strong appetite for fixed income solutions.
Perennial Partners has entered into a binding agreement to take a 50 per cent stake in Balmoral Investors and appoint it as the manager of Perennial's microcap strategy.
