MLC chief investment officer steps down
Chris Condon will step down as chief investment officer of MLC at the end of February to start his own investment consultancy, but will be retained in an advisory capacity, the company announced.
MLC’s head of capital markets research, Dr Susan Gosling, will act as chief investment officer from March 1 while an international search is conducted for Condon’s replacement, MLC said.
“Chris has a long and distinguished career with MLC dating back to 1997,” said executive general manager of asset management Garry Mulcahy.
“He has been our chief investment officer since 1998 and in that time has developed a world-class asset management team. Under Chris’ guidance, MLC’s multi-manager offer has flourished and is now one of the biggest manager-of-manager operations in the world,” Mulcahy said.
AUTHOR
Mike Taylor
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.
