HSBC strengthens investment team
HSBC has beefed up its investment team with the addition of Tim Gough, former Macquarie Bank executive, as manager.
Gough, whose appointment is effective from next month, was most recently an institutional equity research analyst with Macquarie Bank.
He brings international business experience to the HSBC team from his previous roles with Barclay's Global Investors, Lehman Brothers Special Finance and Salomon Brothers International.
Joining Gough in the Melbourne based investment team investment teams is former Merrill Lynch equities analyst Robert Tucker. Tucker will take on the role of new equities analyst within the group.
Tucker, who also joins HSBC next month, has extensive experience in financial research, modeling and using a range of analysis techniques and institutional equity sales. Prior to joining Merrill Lynch, Tucker worked with chartered accountants Pitcher Partners.
HSBC Asset Management Chief executive officer Barry Sheehan says the addition of Gough and Tucker is in line with the groups current growth-oriented strategy plan.
Sheehan says the continuation of developing a collective talent base and adding 'new blood' is vital for the group.
Recommended for you
Bravura Solutions has appointed a group chief executive following the exit of Andrew Russell, but the successor will be based outside of Australia.
ASIC has clarified the outcome of whether it will “name and shame” AFSLs over their reportable situations and internal dispute regimes following feedback from industry stakeholders.
The Compensation Scheme of Last Resort has paid out 551 claims since operations began in April 2024, with $36.7 million to victims of Dixon Advisory and Superannuation Services.
Having reinstated the membership of United Global Capital, AFCA will also continue to accept complaints from Next Generation Advice beyond its original expiration.
