MLC move for Duncan
Deutsche Private Banking senior executive Paul Duncan has moved across to MLC Investment Management to take on the role of portfolio manager within its investment management strategy team.
Duncan will be responsible for MLC's Australian equity asset class and also be involved with providing advice to retail clients and financial advisers across a range of investment issues from manager selection and strategy, portfolio construction and asset allocation.
Duncan now joins three other portfolio managers within the MLC Investment Management Strategy Team. These include Peter Sumber, who focuses on the debt asset classes, and Michael Clancy, who oversees all asset classes but specifically focuses on global equities.
Duncan was with Deutsche's financial planning and private banking business for the past eight year and during that time held a number of investment related roles. He will now report directly to Michael Clancy after taking up the new position in December.
Recommended for you
WT Financial has announced its second “Hubco” with a combined valuation of $7.8 million, while its first one has successfully incorporated and is now making its own acquisitions.
Remediation and litigation costs have led AMP to announce a reduced statutory net profit after tax of $98 million for the first half of 2025.
Stakeholders in the professional year discussion underscore the challenges in the current pipeline and what is holding back licensees from taking on new candidates.
Colonial First State has partnered with JP Morgan Asset Management to make its inaugural private equity allocation, continuing the firm’s expansion into unlisted asset classes.
