Matt Wacher announced as new Morningstar CIO
Matt Wacher has been appointed as chief investment officer for Morningstar Investment Management, Asia Pacific, effective from late January at which point current CIO for the region, Andrew Lill, will shift focus to his new role as CEO, Americas.
Wacher would join from Cambooya Pty Ltd, a large Australian family office fund, where had had been CIO since 2015. He was previously a portfolio manager at Qantas Super.
“[Matt] comes to us with a strong foundation of risk and principles of portfolio construction that aligns with our investment philosophy. His leadership style is essential Morningstar: inclusive, collaborative, and a focus on integrity,” Morningstar president and global CIO, Daniel Needham, said.
“Additionally, we are pleased that Andrew will be joining our Americas team as chief investment officer. Since 2014, Andrew has successfully led the Asia-Pacific investment strategies and teams and we look forward to bringing that expertise and skill to our Americas team.”
Morningstar also announced Jody Fitzgerald would be head of institutional management and solutions for Morningstar Investment Management Australia, joining the team after wrapping up her time as head of investment property and strategy for Australian Unity Investment this month.
AUTHOR
Hannah Wootton
Recommended for you
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.
Ares Management has announced a new offering aimed at providing Australian wholesale clients, investors access to its private equity investment strategies, anchored in secondary investments.
