Interim CEO and CIO for Hunter Hall
Hunter Hall International Limited has appointed an interim chief executive and interim chief investment officer, following on from the surprise post-Christmas announcement that Peter Hall had decided to resign and leave the business by June, this year.
The company has announced to the Australian Securities Exchange that chief financial officer, Paul Ferrao has been appointed interim chief executive with deputy chief investment officer, James McDonald appointed interim CIO.
The announcement said Peter Hall would continue to assist the board and management with the transition process through his departure from the business and that, in the meantime, the board had commenced a formal executive search process to fill the CEO and CIO roles.
Ferrao has 19 years' experience in the funds management industry and has been Hunter Hall's deputy CEO since May, last year, and CFO since 2010.
It said McDonald had 19 years' global equity markets experience and had been portfolio manager at Hutgner Hall since 2003 and deputy CIO since 2011. He has been Fund Manager for the Hunter Hall Global Equities Trust and Hunter Hall Global Value Limited since 2013 and 2015 respectively.
Recommended for you
Platinum Asset Management has put its two closed-end funds under strategic review in a bid to reduce the share price discount to pre-tax NTA and maximise shareholder value.
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.