PM Capital expands distribution team
Equities and fixed interest manager PM Capital has expanded its distribution team, with the appointment of Rebecca Morgan as its new sales director, who will be based in Melbourne.
Morgan will be responsible for sales of a suite of funds across Victoria, Tasmania, and Western Australia.
Morgan, who has more than 10 years of experience in client relationship management in both retail and institutional sales, joined from Pengana Capital where she was a regional distribution manager for Victoria, South Australia, Tasmania, and Western Australia.
Prior to this, she worked at BT Financial Group, Perennial investment Partners, and IOOF Investment Management.
PM Capital's chief executive, Ben Skillbeck, said: "We see excellent opportunities in the Victorian, Tasmanian, and Western Australian markets to better inform investors of our long term outperformance".
"Rebecca's appointment shows PM Capital's commitment to further improve our service to clients and reflects confidence in our patient and insightful investment approach," he said.
The company's also said that the announcement followed a launch of its refreshed brand and website.
AUTHOR
Oksana Patron
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.
