Paradice confirms dual hires to lead wholesale distribution
Following the recent departure of Paradice Investment Management’s head of retail distribution, the company has made two appointments to lead its wholesale distribution function.
Paradice has welcomed Chris Yates as head of wholesale distribution and Max Minack as wholesale distribution manager.
At the same time, Dario Conte, who was the firm’s head of retail distribution for six years, departed to commence as Muzinich & Co’s director and head of wealth distribution for Australia and New Zealand.
Yates and Minack both came across from Betashares, where they both spent seven years in several senior distribution roles.
Most recently, Yates served as an executive director and NSW state manager for Betashares’ adviser business. In the position, he was responsible for the promotion and distribution of Betashares funds and the provision of adviser support services to financial planners, asset consultants, managed account providers, dealer groups, ultra-high-net-worths and family offices.
Minack also joined Betashares in 2018, most recently holding the director of adviser services role where he led the management of key clients across intermediary and wholesale channels.
“We are delighted to have Chris and Max join to continue to manage our existing wholesale and retail relationships and build our exposure to the market,” the company said.
Prior to his time at Betashares, Yates was a business development manager at margin lending firm Leveraged and also worked as an investment adviser at Macquarie Group.
Minack previously spent three years at Bell Potter Securities as an associate adviser and dealer’s assistant.
Paradice Investment Management – with offices in Sydney, Melbourne and Denver – was established in 1999 by its managing director David Paradice.
The Paradice Australian Small Cap Strategy was its first investment offering in 2000. Since then, it launched the Australian Mid Cap Strategy in 2006, the Australian Large Cap Strategy in 2007, the Global Small Cap Mid Strategy in 2010, the Equity Alpha Plus Strategy in 2019 and the Australian Small Cap Opportunities Strategy in 2023.
In addition to Yates and Minack in its distribution team, the company’s institutional distribution function is led by Stephen Bramley.
AUTHOR
Jasmine Siljic
Recommended for you
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.
Nuveen has appointed a global head of estate, a successor to Chris McGibbon who steps down after almost 25 years.
