POWERED BY MOMENTUM MEDIA
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.
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(%)
