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.
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