AusUnity PFS hires new head of research
Former Standard & Poors (S&P) director of fund services Jeff Mitchell has joined Australian Unity Personal Financial Services (PFS) as head of investment research.
Along with previously holding the role of S&P's co-head of wealth management for Australia, Mitchell has also worked directly with high net worth clients in a Melbourne-based boutique financial planning business as well as developing its investment process.
His appointment comes in response to advisers' demands for more assistance in constructing appropriate portfolios for their clients, Australian Unity PFS chief executive Steve Davis said.
"The universe of investment — good and bad — continues to grow, as does the investment knowledge of clients," he said.
"As a result, advisers need to be even better educated on investment options, asset allocation and portfolio construction."
Davis said the conservative investment approach undertaken by the business in the past would continue under Mitchell, who would also work to refine Australian Unity's five-part investment philosophy.
Recommended for you
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
Global wealth management platform FNZ has appointed a new group head of APAC, while boutique investment manager TWC Invest welcomes a chief technology officer.
