Aus Ethical CIO to depart
Australian Ethical Investment chief investment officer, David Macri, is to depart the firm after 14 years.
He would leave at the end of 2022 and the firm said a global search for a new CIO was underway.
Managing director, John McMurdo, said: “David was responsible for developing investment strategies and processes that enabled our funds to deliver excellent investment performance over the last decade and has worked tirelessly to demonstrate that you don’t need to compromise on investment performance to invest ethically.
“He has built and led a highly-capable investment team which we are confident will continue to deliver long-term investment performance for our investors.”
Macri said: “While I will greatly miss working alongside such an experienced and capable team, after more than a decade as CIO, now feels like a natural juncture to assess my next challenge and allow others to build on what has been achieved”.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.