Bennelong adds to distribution team

Bennelong Funds Management has expanded its distribution team to keep up with recent growth by appointing Roger Phipps as director of distribution, based in Melbourne.

Phipps replaces Andrew Aitken, who has been promoted to the role of head of distribution.

He has previously held a number of senior distribution roles at MAB Funds Management, Legg Mason Asset Management and HSBC Asset Management.

Chief executive Jarrod Brown said the recent addition of Avoca Investment Management, together with the success of its existing partnerships had driven the need to expand the group’s distribution team.

“As a product of our growth, Andrew has rightly assumed responsibility for distribution across all channels,” Brown said.

“He has been performing this function exceptionally for some time, but we felt it important to both formalise the position and recognise his contribution to our continued growth and success,” he added.

Homepage

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 2 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 4 days ago