Perpetual Investments has recruited three senior managers who will be tasked with growing the company's institutional fixed income and multi-sector offering.
Sandi Orleow, Jeremy Rolleston and Darren Beesley have already joined Perpetual in their respective roles ahead of the new funds being rolled out by the business in the first half of 2012.
Orleow is Perpetual's new senior portfolio adviser and will work with clients to develop solutions in multi-asset, beta prime and alternative strategies, the company said.
Former executive director at Goldman Sachs, Jeremy Rolleston, will focus on innovation and strategy within fixed interest and multi-asset divisions as general manager, institutional business.
Meanwhile, quantitative investment analyst Darren Beesley will work with existing portfolio managers Michael Blayney and Glen Foster on "optimising Perpetual's implementation capability and efficiency," the company said.
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.
Big business has joined the chorus of opposition against the proposed Division 296 tax.