Ex-Merrill analyst heads up ABN AMRO research
ABN AMRO has appointed Jock McKinlay, formerly senior resources analyst at Merrill Lynch, as its head of equities research.
McKinlay was senior diversified resources analyst at Merrill Lynch, and prior to that, was head of resources research at McIntosh Securities. He has more than 18 years industry experience.
ABN AMRO head of equities Alastair Barr says that the appointment of McKinlay is in line with ABN's intended increased penetration in the local equities market, with the goal of being in the top five of both research and trading by the end of this year.
"Jock's appointment will ensure that the integration of our local research into our regional and global sector teams will deliver clients tailor-made investment advice specific to their business requirements," Barr says.
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
