Bennelong hires new institutional sales head
Bennelong Funds Management has appointed Matthew Briggs as the company’s new director, institutional sales, who will report directly to Andrew Aitken, head of distribution.
Briggs would replace Ryan Durance, a former head of Bennelong’s institutional arm, who has been promoted to oversee the distribution arm of BennBridge, Bennelong’s London office.
Briggs joined from Citigroup where he spent 11 years and he would be based in Sydney.
“With the addition of three new boutiques in under 18 months, bringing our total asset management teams to seven, Matthew joining the institutional sales team will allow Bennelong to greater prioritise growth in the institutional market in the medium term,” Aitken said.
AUTHOR
Oksana Patron
Recommended for you
Some 42 per cent of CEOs say they are actively reinventing their business to stay relevant in the next decade, with consumer services the most common choice for asset and wealth managers.
Former Ophir Asset Management chief executive, George Chirakis, has joined private equity manager Scarcity Partners, while the asset manager has appointed a replacement from Macquarie.
Australian Unity has appointed a fund manager for its Healthcare Property Trust, joining from Centuria Healthcare, as it restructures the product with a series of senior appointments.
Financial advisers nervous about the liquidity of private markets funds for their retail clients are the target of fund managers launching semi-liquid products which offer greater flexibility and redemptions.
