ADAM to sharpen focus on retail market
Allianz Dresdner Asset Management(ADAM) has appointed Leanne Milton as head of retail business to increase its profile and effectiveness in the retail marketplace.
Milton fills the role formerly held by Anthony Sider, who after four years in the job left to join Trust to focus on external distribution of its Australian equity products.
Previously head of research at Pitcher Partners, Milton has 17 years experience in the industry in portfolio management, financial planning, and investment research with AXA dealer groups.
According to ADAM Australia chief executive Peter Rayner, Milton’s appointment makes an important contribution to adding value for planners and dealer groups who use the master trusts and wraps which carry ADAM products.
“Leanne’s highly developed technical skills and her hands-on understanding of the ‘wants and needs’ of advisers and dealer groups, is exactly what ADAM wishes to offer the market,” Rayner says.
“Her profound knowledge, ranging from fixed interest through unlisted investments to the various combinations and permutations of international and domestic equities is back up with her own experience.”
ADAM, which was formed last year following the acquisition of all of the issued capital of Dresdner Bank AG by Allianz AG, represents Dresdner RCM Global Investors and Oppenheimer Capital for a number of equity products.
The name change to ADAM last November was the final step in the regional re-positioning of Dresdner’s asset management business in the Asia Pacific, which is focused on penetrating both the institutional and mezzanine markets.
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