Friday 20th October 2000 |
Text too small? |
Tower is beginning to move more key staff to Sydney as it beefs up its presence in the Australian market.
The precursor to the gradual shift of focus over the Tasman was the decision earlier this year to merge Tower Asset Management's Australian and New Zealand operations. Arising from that decision, Craig Turnbull, based in Sydney, has been appointed chief investment officer at Tower Asset Management.
He remains responsible for global equities, which are outsourced to a range of managers. His deputy at Tower Asset Management is fixed interest manager Tony Hildyard. Wellington-based Greg Whitten will lead a transtasman business development team while continuing to oversee direct property investments in both countries.
Wayne Stechman is in charge of New Zealand equities and Albert Hung takes responsibility for Australian equities. Paul Bevin remains managing director. Former investment strategist Tore Hayward is leaving.
- Chris Hutching
No comments yet
SML - Synlait Milk Limited - Trading Halt of Securities
AIA - Auckland Airport announces board chair changes
AIA - Auckland Airport announces board chair changes
CEN - Tauhara commissioning progress update
FPH initiates voluntary limited recall
March 28th Morning Report
KFL Celebrates 20 Years of Excellence in Investment Mgmt.
SVR - Savor FY24 Earnings Guidance & Change in Banking Partner
NZK - NZ King Salmon Investments Limited FY24 Results
March 27th Morning Report