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CAAM pushes into retail
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| Cathryn Franks
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Credit Agricole Asset Management (CAAM) has signalled a further push in to the Australian retail investment market with the appointment of a new retail asset management senior distribution executive.
The company announced today that it had appointed former Macquarie Funds Management, and Ironbark Asset Management staffer, Cathryn Franks to the role.
Announcing the appointment, CAAM chief executive Richard Borysiewicz said Australia represented an important strategic market and the creation of the role for Franks would help further the company's foothold.
"Very early on when we were defining our strategy in Australia, we decided that we would be both institutional and retail within the first five years," he said. "So with the institutional success achieved so far, we are ready for a more deliberate effort in retail."
AUTHOR
Mike Taylor
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