Boutique Australian equities asset manager Dalton Nicol Reid has appointed ex-ABN AMRO Asset Management executive Sarah Denny to head up its business management.
Denny has 15 years of experience in the funds management industry, including more than 10 at ABN AMRO in servicing clients, asset consultants and research houses, according to Dalton Nicol Reid.
“We are increasingly targeting institutional investors and asset consultants and Sarah’s experience in this regard will be highly valued,” said Dalton Nicol Reid chief executive Harley Dalton.
The Australian Retirement Trust is adopting a “healthy level of conservatism” towards the US as the end of the 90-day tariff pause approaches, with “anything possible”.
Uncertainty around tariffs and subdued growth may lead to some short-term constraints in relation to the private credit market, the fund manager has said.
Just three active asset managers are expected to attract net inflows over the coming year, according to Morningstar, with those specialising in fixed income or private markets best positioned to benefit.
Taking a purely passive investment approach is leaving many investors at risk of heightened valuation risks, Allan Gray and Orbis Investments have cautioned.