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Solaris invests in in-house distribution
Solaris is building out its distribution capabilities after announcing it would bring them in-house on 1 July 2012.
Neale Goldston-Morris has joined the team as institutional investment specialist and will work with the investment team to bring clients, consultants and prospects regular in-depth portfolio analysis.
Goldston-Morris recently left his role as director, head of equity strategy with Macquarie Securities, and has worked in the industry for over 30 years, clocking up experience at Credit Suisse and Deutsche Bank.
The company took over management of its distribution services in July and began investing in its internal teams and capabilities. The move aligns the company's distribution service with Solaris' other in-house functions including marketing, client services and compliance.
Solaris managing director Denis Donahue said the fund, with $4 billion in funds under management, was of a suitable size and scale to manage the distributions of its products and services by utilising internal talent.
"Solaris' strategy for the institutional market is not so much one of 'distribution' but rather building on existing relationships and finding opportunities to benefit our clients. This is reflective of our core values and effectively aligns our objectives with those we manage investments for now and in the future," he said.
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