Mason Stevens appoints CIO and CFO
Mason Stevens has appointed Jacqueline Fernley as chief investment officer (CIO) and Wayne Twomey as chief financial officer (CFO).
As Mason Stevens CIO, Fernley would lead the firm’s asset management specialists and would play a crucial role in helping advisers and managers develop models, and facilitate unique platform investment opportunities such as initial public offerings (IPOs), capital raises and bond issuances.
Fernley joined with experience across multiple asset classes, capital allocation, governance and investment strategy with previous roles including head of equities at JB Were, Australian equity portfolio manager at CFS, head of research at Wilson HTM, and portfolio manager and head of research at Magellan.
Meanwhile, Twomey joined with experience from a range of senior finance roles including CFO at Mastercard for Australia and New Zealand, CFO of PwC Australia, and a decade in the United States in various senior finance roles for American Express.
Mason Stevens CEO, Tim Yule, said: “Jacqueline’s skills and background will support us in assisting our model managers in making quality portfolio decisions with discipline and rigour. She is an experienced hands-on portfolio manager and has a proven track record of delivering top quartile returns.”
Commenting on Twomey’s appointment, Yule said: “Wayne brings experience, knowledge, and discipline, that will be critical to this important phase of development and growth for the business.
“We are delighted to have talents of the highest calibre like Wayne and Jacqueline join our organisation.”
AUTHOR
Liam Cormican
Recommended for you
Zenith Investment Partners has welcomed a BDM focusing on adviser solutions in a series of appointments, while two asset managers have also confirmed new hires.
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
