Sydney wealth management firm names new CIO
Sydney-based wealth management firm, Stanford Brown, has named Ashley Owen as its new chief investment officer (CIO) to help establish the company's managed account run via the netwealth platform.
Owen, who joined from Philo Capital where he served as CIO, has over 30 years of experience across financial services, which includes senior executive roles in major Australian and global banking groups.
"Ashley is our most significant hire in many years and sets up for the next stage in our growth plan," Stanford Brown's chief executive, Jonathan Hoyle, said.
"He is one of the most outstanding portfolio managers in Australia and has a long-term track record of outperformance running a large pool of retail client fund. We are absolutely thrilled to have Ashley on board."
According to Stanford Brown, Owen's role as CIO would be to assist in the establishment of a managed account run via the netwealth platform and, the Investment Committee's twin objectives of beating benchmark returns over the cycle with lower drawdowns.
AUTHOR
Oksana Patron
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.
