POWERED BY MOMENTUM MEDIA
Intech expands team
Investment and research consultancy Intech has upgraded its team, appointing Brad Bugg as head of fixed income and currency and Craig Stanford as senior analyst — alternatives.
The appointments represent a part of the building exercise that has followed the acquisition of Intech by Morningstar earlier this year.
Commenting on the appointments, Intech managing director Anthony Serhan said the company had sought to target people with hands-on market experience.
He said Bugg would be responsible for the performance of Intech’s fixed income portfolios and trusts and would be a member of the Intech Investment Committee, while Stanford would work with the head of alternative investments, Michael Coop, in formulating Intech’s alternative investment policies.
Bugg was most recently a senior analyst with Austock Asset Management while Stanford has spent the last eight years researching hedge fund managers and managing institutional fund of fund hedge fund portfolios in both London and Sydney for Ellerston Capital and ABN Amro Asset Management.
AUTHOR
Mike Taylor
Recommended for you
Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax legislation, according to new analysis from ANU.
Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations of a cut.
A new Roy Morgan report has found retail super funds had the largest increase in customer satisfaction in the last year, but its record-high rating still lags other super categories.
In a sharp rebuke to market expectations, the Reserve Bank held the cash rate steady at 3.85 per cent on Tuesday, defying near-unanimous forecasts of a cut and signalling a more cautious approach to further easing.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
99.46 3 y p.a(%)
2
DomaCom DFS Mortgage
95.46 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(%)
