GAM Investments has appointed Sophie McFadyen as senior manager – institutional business, responsible for growing and servicing the intuitional market in Australia.
The firm said the appointment would further expand GAM’s local presence and deepen GAM’s relationships with institutions in Australia and New Zealand.
McFayden joined GAM from BlackRock, where she spent six years as vice president in the client business team, with a focus on institutional and wealth clients in Australia and New Zealand.
Prior to that, she spent five years at Credit Suisse in prime services, where she was focused on prime brokerage sales in the hedge fund space.
She would be based in Sydney and would report to Alex Zaika, GAM head of Australia.
The appointment coincided with GAM winning an insurance-linked securities mandate and the expansion of GAM’s local product offering to include a flexible emerging market bond strategy that sought to actively reduce foreign exchange volatility.
This differentiated strategy will complement GAM’s existing local offerings in alternative risk premia, systematic core macro and insurance-linked securities strategies.
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.
Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.