Murray takes on new role at BT
BT Funds Managementhas created the position of head of equity research, appointing Crispin Murray to the role. Murray, the former executive vice president and head of European equities at BT, will join the investment team integrating BT, Sagitta and Westpac next week.
According to the fund manager, Murray’s appointment will provide focus on equity research, and put an emphasise on the greater separation of research from portfolio construction and portfolio management for the business.
Murray will work closely with BT’s team of Australian equities portfolio managers, liaising with consultants, research houses and financial adviser groups, as well being responsible for the analysis of bank stocks within the Australian equities team. Based in Sydney, he will report to BT head of investments Guy Strapp, while directly providing research services to head of Australian equities Andrew Brown, and his portfolio management team.
Murray has been with BT since 1994, as global banking analyst from 1994 to 1998, and then head of pan-European equities from 1998 until October this year.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.