Milford Asset Management appointed Anthony Ip as fixed income portfolio manager in its Sydney office.
He joined from Citigroup where he was a director and desk head managing the Australian credit trading business and had previously worked at Goldman Sachs and Deutsche Bank.
At Milford, he would contribute to the Milford Diversified Income Fund that aimed to provide investors with a regular monthly income and moderate level of capital growth by investing in income-generating assets.
This fund is currently managed by portfolio manager, Daniel Simmonds, and deputy chief investment officer, Paul Morris.
Milford’s executive director and chief investment officer, Wayne Gentle, said: “Anthony brings a depth of experience across Asia and Australia, which will be leveraged to continue upholding our excellence in fund performance as Milford continues to grow in the Australian market.”
Meanwhile, infrastructure asset manager 4D Infrastructure had appointed Tim Snelgrove as investment director.
He would be based in Sydney and report to chief investment officer, Sarah Shaw.
Snelgrove previously spent a decade at RARE Infrastructure (now ClearBridge Investments) in a variety of roles including as analysts, portfolio manager on its long-short strategy, and head of trading. He also founded and ran a long-short global listed infrastructure hedge fund at Coaster Capital.
Shaw said: “Heading into 2023, we continue to see the growing need for infrastructure assets globally and exciting investment themes across the asset class.
“Tim’s appointment comes as we look to increase the depth and strength of our investment team as 4D moves forward in its next stage of development.
“He brings a complementary skill set to the team with his strong background in dealing and asset allocation, and will be a valuable asset to 4D Infrastructure.”
