Omega appoints new portfolio management head
Omega Global Investors is appointing Simon Tung as its new head of portfolio management.
Tung, who formerly held the role of senior portfolio manager at IFM Investors, would bring over 20 years of industry experience across fixed income, equities and investment strategy roles at Treasury Corporation of Victoria, AXA Investment Management and Westpac.
Omega’s managing director, Mathew McCrum said: “Simon’s experience will complement Omega’s capabilities across a broad sub-set of asset classes, and we welcome him to our team.
“Simon will help us to expand our portfolio of outcome-based solutions.
“Omega’s unique smart beta plus offering in the Australian marketplace is an example of investment innovation. Combining clever risk controls.”
The company has approximately four billion dollars in fund under management (FUM) and manages the following funds:
- Omega Global Corporate Bond
- Omega Core Australian Bond
- Omega Australian Cash
- Omega Global Listed Infrastructure
AUTHOR
Oksana Patron
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.
