Deutsch returns to Macquarie fold
Macquarie Funds Group has moved to beef up its retail structured products division by luring back a former staffer, Irene Deutsch, as Australian head of retail distribution.
Deutsch, who spent 12 years with Macquarie from 1993, was most recently chief operating officer at Goldman Sachs J.B. Were’s Securities Division.
Commenting on the appointment, Macquarie’s head of structured and specialist investments, Peter Lucas, said Deutsche would be responsible for the distribution of structured and specialised investments in the retail market within Australia.
AUTHOR
Mike Taylor
Recommended for you
Two commentators have shared why the inclusion of alternatives in a diversified portfolio shouldn’t be a simple switch with a traditional asset and will depend heavily on clients’ objectives.
Morgans chief executive, John Clifford, has announced he will step down from the wealth management group after eight years leading the business.
Funds under administration on the BT Panorama platform have passed $120 billion in the last six months as it progresses its migration of Asgard into the platform.
Private markets may be the hot topic of the day but two financial advisers have shared the red flags to consider and why advisers shouldn’t be tempted to invest solely in the pursuit of higher returns.
