Russell makes key appointments

portfolio-management/united-states/chief-investment-officer/director/

3 March 2008
| By Justin Knight |

Global investment and superannuation specialist Russell Investment Group has promoted Sydney-based Peter Gunning to the role of global chief investment officer (CIO) and managing director of multi-manager investments in a move it contends will strengthen its presence in the Asia-Pacific region.

Gunning, formerly Russell’s CIO for Asia-Pacific, will transfer to Tacoma in the United States for his new role.

Russell’s Australasian managing director Alan Schoenheimer said that Gunning’s appointment is good news for the company’s Australian clients.

“This new role is a great opportunity for Peter as well as for the Australian business and our clients. We can be assured that our global CIO will have a very clear understanding of the local market and the challenges ahead.”

Christophe Caspar, CIO for Japan, is set to fill Gunning’s shoes, moving into the role of CIO for Asia-Pacific.

Gunning said Casper, who is based in Tokyo and has led Russell’s Investment Management and Research — Japan asset class team for the past two years, would strengthen the company’s team in the region. He will still be based in Tokyo, but make more frequent visits to Australia and the rest of Asia.

“Christophe has maintained the outstanding track record the Japan team has built over the past decade, making him well-positioned to assume additional responsibilities in the region.”

In a third new appointment for the company, Symon Parish, the Sydney-based director of portfolio management, has been promoted to the role of CIO for Australasia.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 2 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks 1 day ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 2 days ago

TOP PERFORMING FUNDS