8IP hires new GM
Industry veteran and former Perennial’s general manager, investments, Brian Thomas will join boutique investment firm Eight Investment Partners (8IP) as its new general manager, business and investments.
Thomas, who has over 40 years of experience, also served as managing director and head of distribution for Credit Suisse Asset Management and a division director at Macquarie Bank.
In his new role, he would also continue his career as public speaker and a regular industry commentator on investment and wealth management issues.
“I am very happy to join a boutique funds manager that has a strong investment culture,” Thomas said, commenting on his appointment.
“The 8IP Australian Small Company Portfolio, a highly concentrated portfolio offered as an SMA, has achieved exceptional gross returns of 42.1 per cent per annum since launch in January 2014.
“I’m also excited by the 8IP Australian Equity Impact Fund that was launched early last year to invest in ASX-listed companies that have a positive social or environmental impact.”
8IP has been managing small company equity products for just over five years, mostly on behalf of institutional investors, but has also offerings for retail and high net worth investors.
Recommended for you
Iress has announced it is strengthening its security settings after suffering an unauthorised access of its systems over the weekend.
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
