Parametric strengthens team


US-based fund manager, Parametric Portfolio Associates Australia has moved to strengthen its team to help drive further capability in the Australian market.
The company announced today it had appointed Susan Bu to a newly created position, analyst, product management which it said reflected its strong growth since establishing an Australian office in 2012.
Bu, who was previously working at State Street, will be responsible for managing the intra-day requirements of Parametric's clients and will report to Parametric's Australian chief executive, Chris Briant.
Confirming the appointment, Briant said Bu had a wonderful technical skills base and, just as importantly, a client-centric focus with a willingness to innovate, making her a perfect fit for the firm's culture.
He said Bu would also work closely with Parametric's Australian team on business strategy.
Recommended for you
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
Global wealth management platform FNZ has appointed a new group head of APAC, while boutique investment manager TWC Invest welcomes a chief technology officer.