POWERED BY MOMENTUM MEDIA
Former AMP executive Peter Smyth joins Principal
Principal Global Investors has appointed Peter Smyth, formerly head of product at AMP Capital Investors, to chief operating officer and head of product Australia.
Principal chief executive Grant Forster said the position was created to facilitate the company's growth off the back of a strong 12 months, particularly in relation to global property securities, emerging market equities and currency management.
Working under Forster, Smyth will be responsible for developing strategy and operational infrastructure to drive business in Australia.
Smyth has over two decades of experience in the industry, holding senior roles including director at Fidelity Investments Australia, head of product at Perpetual Investments, and senior vice president and head of product at BT Funds Management.
"Peter's expertise and experience in product strategy and exceptional track record managing the life cycle of products and sales activities is an asset to Principal Global Investors. I have no doubt that he will support the next step in the evolution of our business and look forward to working with him to achieve this vision," Forster said.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
91.29 3 y p.a(%)
2
L1 Capital International
69.55 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
36.96 3 y p.a(%)
4
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
35.77 3 y p.a(%)
5
GAM LSA Private Shares AU I
34.22 3 y p.a(%)
