AIMA appoints Ibbotson's Stanford



The Alternative Investment Management Association's (AIMA) Australian National Group has appointed Ibbotson Associates Australia head of alternative investments, Craig Stanford, as chair of its Education Committee and a member of its executive committee.
AIMA general manager, Michael Gallagher, said the appointment was key to extending the global hedge fund industry association's education to the financial planning, accounting and SMSF channels.
"We are thrilled that Craig has agreed to chair the Education Committee and apply his alternative investing knowledge and experience to improve understanding of hedge funds in Australia," Gallagher said.
Stanford has over 20 years' investment management experience, including five with Ibbotson Associates Australia, where he oversees the investment group's alternative investments.
The AIMA announcement said Stanford would look to grow Education Committee representation to ensure relevance and reach.
Recommended for you
While the last several months have seen increased market volatility, particularly in the US, advisers said there are multiple reasons why there has been an increase in defensive asset flows.
Scarcity Partners believes the dynamics playing out in the managed account and outsourced chief investment officer market are “here to stay” based on positive developments in financial advice.
Former executive chairman of failed stockbroker BBY, Glenn Rosewall, has been charged with aiding, abetting, counselling or procuring BBY’s dishonest conduct in relation to a financial service.
Fidelity International research has revealed Australian investors are significantly more optimistic about the market outlook and feeling more comfortable than their APAC peers, despite ongoing market volatility.