Centuria adds new distribution manager
Centuria Capital Group has announced the appointment of Dave Brownett, a financial services and product distribution specialist, to the role of distribution manager for Victoria and Western Australia.
He would be in charge of Centuria’s range of unlisted property trusts, including investment bonds product Centuria LifeGoals, and be responsible for increasing investment by building relationships with financial advisers.
Jason Huljich, head of real estate and funds management for Centuria, said that Brownett had more than 15 years of experience across the distribution of financial services across a range of bank-aligned, independent and corporate dealer groups.
The announcement followed earlier appointments aimed at boosting Centuria’s distribution capabilities, which included Ben Harrop, Kylie Scrivener and Julia Desimone having joined the firm in the past nine months.
“I’m excited to be working with advisers in Victoria and Western Australia to help them address the challenges and opportunities that the current market represent,” Brownett said.
“In my view experience and reputation count more than ever in today’s rapidly changing financial services landscape, and I look forward to introducing advisers to Centuria’s range of products, track record of consistently strong returns, and ongoing commitment to its investors.”
Centuria was one of the fastest- growing Australian real estate fund managers with annualised assets under management standing at $5.6 billion as of 31 December, 2018, the firm said.
AUTHOR
Oksana Patron
Recommended for you
Outflows from Platinum Asset Management jumped from $160 million to $358 million in February as the firm announced the exit of its co-chief investment officers.
ETF assets experienced a rare fall in February, with the sector losing more than $2 billion during the month, according to Betashares.
Lonsec Research and Ratings has been announced as research partner for the annual Fund Manager of the Year Awards.
At least three global asset managers are expected to enter the Australian ETF market this year, according to State Street.
