GSFM hires new investment consultant


Grant Samuel Funds Management (GSFM) has appointed industry expert Stephen Miller to the newly created role of investment consultant.
In his new role, Miller would be responsible for positioning of Payden & Rygel and other various strategies in the institutional and retail markets. He would be based in Sydney and would report to GSFM’s chief executive, Damien McIntyre. He.
Miller joined from BlackRock Investment Management (Australia) where he mostly recently held the position of head of fixed income and managing director.
Prior to this, he worked for 14 years as executive vice president, head of fixed of income at Bankers Trust in Sydney and New York. He was also a research officer with The Treasury for six years.
“Steve brings over 30 years’ experience in international economic and policy analysis to the GSFM team, both at the official level during his time with Treasury and as a senior portfolio manager of domestic and international bond portfolios at leading international fund managers,” McIntyre said.
“Steve can draw upon his many years of fixed income experience and his extensive network in the institutional and retail markets in his new role with GSFM.”
Recommended for you
Clime Investment Management has welcomed an independent director to its board, which follows a series of recent appointments at the company.
Ethical investment manager Australian Ethical has cited the ongoing challenging market environment for its modest decrease in assets over the latest quarter.
Commentators have said Australian fund managers are less knowledgeable compared with overseas peers when it comes to expanding their range with ETFs and underestimating the competition from passive strategies.
VanEck is to list two ETFs on the ASX next week, one investing in residential mortgage-backed securities and the other in Indian companies.