Centric Wealth retains Dr Don Stammer

asset-allocation/chief-investment-officer/director/chief-executive/

27 July 2012
| By Staff |
image
image
expand image

Well-known economist Dr Don Stammer has joined Centric Wealth's Portfolio Construction Committee after being retained by Philo Capital Advisers (Philo) as a non-executive expert.

Philo helped Centric develop an approach to portfolio construction and management, including active asset allocation and security selection implemented via managed accounts. 

Philo analysis forms the basis of quarterly asset allocation targets, which is a function of the committee by which Stammer has been retained.

Stammer has been an academic economist, deputy chief manager at the Reserve Bank, chief economist and director of investment strategy with Deutsche Bank, and a visiting professor at the Australian Graduate School of Management. 

He has also been a director at a number of major investment companies, including ING, and has a regular newspaper column. 

Philo joint chief executive and chief investment officer Ashley Owen said the business hired experts as external members for many of their committees.

"We find that use of these experts, working with our own staff, creates an environment where ideas get thoroughly tested and that leads to better decision-making," she said.

Centric Wealth has funds under management of $3.5 billion, with $1 billion in managed accounts.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 4 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 2 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND