Changes at Hastings and TIF
Specialist investment vehicle The Infrastructure Fund (TIF) has changed portfolio managers.
The company announced this week that its existing portfolio manager, Peter Siapikoudis would be moving to a newly created role within Hasting Funds Management and would be replaced at TIF by Jonathan van Rooyen,
Van Rooyen had been investment manager at Hastings and led the establishment of Hastings' market-entry strategy for Asia after which he was appointed Portfolio Manager for the National Pension Service Corporate Partnership Fund (a strategic partnership between Hastings, the National Pension Service of Korea, and Korea's Incheon Airport Corporation).
The announcement said van Rooyen had more than 15 years' experience in the industry and was previously a Partner in KPMG Corporate Finance's valuation practice
Recommended for you
A quarter of advisers who commenced on the FAR within the last two years have already switched licensees or practices, adding validity to practice owners’ professional year (PY) concerns.
Integrated wealth and financial services group Rethink has launched a financial planning arm called Rethink Wealth to expand beyond property investing and into holistic wealth management.
While adviser numbers continue to slowly creep back up, the latest Wealth Data analysis reveals they would actually be in the green for the calendar year if it weren’t for so many losses in the limited advice space.
Iress has appointed a chief AI officer to spearhead the fintech’s strategic focus on AI, with chief executive Marcus Price describing how the technology opens the doors to a “new frontier for wealth advice”.
