Milford AM hires portfolio manager

milford/hire/RARE-Infrastructure/portfolio-manager/

18 October 2019
| By Laura Dew |
image
image
expand image

Milford Asset Management has hired Dan Simmonds to its Australian investment team as a global income portfolio manager.

He will work closely with David Lewis, portfolio manager of the $2.6 billion Milford Diversified Income fund.

Simmonds joined from his role as a portfolio manager at a single family office but previously spent seven years at RARE Infrastructure as a portfolio manager and senior investment analyst and at CP2 (Capital Partners).

Milford chief investment officer, Wayne Gentle, said: “We’re excited to welcome someone of Dan’s calibre to the Milford investment team. Milford has a focus on delivering strong long-term investment returns for clients.

“Dan’s expertise in global income securities is essential in a low growth low interest rate environment where clients are demanding stable low-risk income.”

Milford was founded in 2003 and had $7.5 billion in funds under management.

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 3 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 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND