CSAM gains one, loses one
Credit Suisse Asset Management has announced a new head for its Zurich-based Global Equities team at the same time as acknowledging the loss of a yet another member of its Australian equities team, based in Sydney.
CSAM announced that Yong-Moon Kim had been appointed as a managing director and head of global equities for Asset Management and was recruited from Mirae Asset Global Investment Management in Hong Kong where he was a managing director and chief investment officer.
The announcement came only hours after CSAM in Australian confirmed the departure of Kenneth Wan, who was a resource specialist on the Australian equities team and who will be joining Hong Kong-based hedge fund, Citadel.
Announcing Yong-Moon Kim’s appointment, Credit Suisse head of equities Kim Goodwin said it represented another step in the company’s enhancement of its investment capabilities in equities and its continuing effort to enhance its investment capabilities in equities.
He said it followed a number of recent appointments of equity portfolio managers based in both London and Sydney.
Recommended for you
The central bank has released its decision on the official cash rate following its November monetary policy meeting.
ASIC has cancelled the AFSL of a Melbourne-based managed investment scheme operator over a failure to pay industry levies and meet its statutory audit and financial reporting lodgement obligations.
Melbourne advice firm Hewison Private Wealth has marked four decades of service after making its start in 1985 as a “truly independent advice business” in a largely product-led market.
HLB Mann Judd Perth has announced its acquisition of a WA business advisory firm, growing its presence in the region, along with 10 appointments across the firm’s national network.

