POWERED BY MOMENTUM MEDIA
INGIM appoints BDMs; awarded positive ratings
INGIM has appointed two business development managers (BDMs) for the northern regions while its Extended Alpha fund has been well received by ratings houses, the manager announced.
Heath Branigan is a chartered alternative investment analyst with10 years experience in asset management who worked most recently in institutional sales at Hedge Harbor in the UK. He has also worked for AMP Capital Investors in Australia and JP Morgan Asset Management in the UK.
Jenine Hayman worked most recently for Mediascape Analytical and Research Services as a BDM and has 19 years experience in the financial services industry. She also worked for AXA Australia as a BDM and spent 11 years at Goldman Sachs JBWere Asset Management as a research and platform support manager.
Both will report to recently announced Northern Regional manager Natalie Grey, who described the appointments as “the final pieces of the puzzle in developing our wholesale team.”
The appointments round out a year featuring seven key hires for INGIM, including the appointment of Jim McKay as head of sales.
“INGIM now has a complete team of experienced professionals, including a Melbourne office, allowing us to focus on bringing the best of both our local and global strategies to advisers,” McKay said.
“After significant market dislocations such as the [global financial crisis], history shows markets move sideways for long periods of time. With the increased volatility experienced in the last 18 months, and which we expect going into 2011, capturing alpha to generate returns is absolutely imperative for portfolios,” McKay said.
ING’s Extended Alpha Australian Share Fund recently received a four star rating from Standard and Poor’s, and has a 'Highly Recommended' rating from Lonsec and a 'Recommended' rating from Zenith, according to INGIM.
AUTHOR
Mike Taylor
Recommended for you
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
96.54 3 y p.a(%)
2
DomaCom DFS Mortgage
85.26 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
78.55 3 y p.a(%)
4
BetaShares Crypto Innovators ETF
50.39 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
47.50 3 y p.a(%)
