New retail head for Goldman Sachs
Goldman Sachs JB Were Asset Management has a new head for its retail business after it promoted Matthew Stovold yesterday.
Stovold, who has worked with Goldman Sachs JB Were for the past five years, was previously the head of adviser distribution at the group.
In 2004, Stovold was named Business Development Manager of the Year by Money Management and Tribeca.
Goldman Sachs JB Were Asset Management managing director Ian Ward said, with Stovold at the helm, the retail business would focus on growing assets under management.
Stovold joined the group in 2000 after a year at National Australia Funds Management. Prior to this he worked at Sealcorp.
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.