Basis Capital’s Bernie appointed to Hatfield Liptak
Damien Hatfield
Former Basis Capital director Rick Bernie has been appointed to head up distribution at boutique hedge fund research and advisory firm Hatfield Liptak Advisors.
Bernie, who was a director at the failed Basis Capital for seven years, will work alongside the founders of the firm, Damien Hatfield and Daniel Liptak.
According to Hatfield, Bernie has joined the firm following its first year of operations, during which time there has been a significant change in sentiment towards hedge funds.
“In the last year, we have seen a record bull market retreat into a cave of uncertainty, fuelled by debt pressures on equity markets and the evaporation of capital funding,” he said. “Investors across Australia, Europe and the US are requiring assistance with how to access, select and monitor quality alpha-generating funds that can help keep their portfolios buoyant.”
Hatfield said the role of Hatfield Liptak was to match the risk return profiles of investors with managers it believed demonstrated the necessary rigour and skills to deliver results.
AUTHOR
Mike Taylor
Recommended for you
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
Money Management’s sister brand Super Review is pleased to reveal that over 120 finalists will compete for trophies at this year’s awards.
The principal partner of this year’s Women in Finance Summit has said organisations that practise inclusivity are more likely to build trust in the community.
Both Schroders and abrdn have appointed new group chief executives to lead their respective firms.
