Lam Advances after Robertson retires
Advance Funds Management chief investment officer Dr Stephen Lam has scored the top post in the group, following the retirement of managing director Malcolm Robertson.
Lam, who joined the funds management arm in March last year as chief investment officer, will assume the role of acting managing director. He will work in a transitional phase with Robertson, who is set to retire in July. Robertson has spent nine years with Advance, the last year and a half in the managing director role.
Working with the executive team, Lam will further develop the Advance funds management business. Along with the acting managing director role, he will continue to oversee the group's investment team, and will remain Chairman of its Investment Strategy Committee.
Lam's past experience in the industry includes seven as Rothschild Australia Asset Management director, involved with portfolio management and business development. Two of the seven years Lam spent time as Rothschild Asset Management director in Hong Kong. Prior to the Rothschild positions, Lam held a variety of senior roles with Commonwealth Funds Management in investment, marketing and client services.
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