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QIC appoints Cliff Smith to new institutional role
Wholesale fund manager QIC aims to further develop its relationship with institutional investors with the appointment of Cliff Smith to the newly-created role of managing director - institutional business.
Smith comes to QIC from Perennial Investment Partners where he worked for the past eight years, most recently as institutional sales manager. He has more than 20 years experience in the Australian institutional market, having also worked at Merrill Lynch.
The new role will require Smith to focus on developing relationships with major institutional investors and investment consulting firms in Australia, while reporting to QIC's head of funds management, Hazel McNeilage.
Smith will be based in QIC's Melbourne office and will begin his role on 7 February, 2011.
QIC currently has $55.9 billion under management and is one of the country's largest institutional fund managers.
AUTHOR
Mike Taylor
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