Hand takes on Aust equities top job
Rod Hand is set to take over the reigns as head of Australian equities at National Asset Management (NAM), following the promotion of Stephen Hiscock
Rod Hand is set to take over the reigns as head of Australian equities at National Asset Management (NAM), following the promotion of Stephen Hiscock.
Hand, who has worked in various positions within the National for 14 years, will continue to be responsible for the management of NAM’s listed property portfolios which he has been doing for the past year.
Prior to this position, Hand was responsible for NAB’s Asian and European market portfolios.
Hiscock, who until recently was NAM’s executive director of equities, moved into the new position of the company’s Global Wealth Management (GWM) inhouse asset management general manager about a month ago.
In this role he will cover NAM and also be involved with the running of the GWM asset management division. Hiscock will remain involved in the portfolio con-struction processes for Australian equity and listed property portfolios.
Robert Hook and Jonathon Findlay have also joined NAM from internal positions, filling the complement of Australian equities team.
Hook joins the Australian equites team as senior portfolio manager after looking after NAM’s South East Asian and sub-continent markets. He has more than 25 years experience in the financial services industry, holding roles with Prolific Asset Management, Security Pacific Investment group and Broadgate Asset Management in London.
Findlay joins the Australian equity group as a portfolio manager after managing the company’s Japanese equity exposure. Prior to his positions with NAM, Findlay worked with Merrill Lynch in its international private client and institutional broking areas. He has more than six years of industry experience.
Both Hook and Findlay have moved into positions created by the acquisition of the MLC investment business.
Recommended for you
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.