NEWS UPDATE: Advance appoints new head of distribution
Advance Asset Management has appointed Peter Folkes as head of distribution and sales following the departure of Greg Newman in May.
Folkes will be responsible for distributing the St George-owned fund manager’s 60 funds to advisers and investors.
He joins Advance after a five-year stint at Goldman Sachs JBWere as a national account manager. Newman cited personal reasons for his decision to depart Advance.
AUTHOR
By Rich
Recommended for you
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
Money Management’s sister brand Super Review is pleased to reveal that over 120 finalists will compete for trophies at this year’s awards.
The principal partner of this year’s Women in Finance Summit has said organisations that practise inclusivity are more likely to build trust in the community.
Both Schroders and abrdn have appointed new group chief executives to lead their respective firms.
