S&P plan to merge Australian and Europe fund research businesses
|
|
Standard & Poor's is considering integrating its Australian and European fund research businesses, and have made two key appointments aimed at achieving this.
Mark Hoven has been appointed global head of sales, marketing and business development and Kerry Outlaw takes up the post of global head of analytics and operations, both based in London
Hoven and Outlaw have "joined with a remit to integrate the currently separate European and Australian fund research businesses, according to S&P managing director Larry Neal.
"Beyond that (S&P is looking) to expand into new markets such as Asia and North America in order to create a global business covering fund ratings, research and wealth management services."
Hoven currently heads up Standard & Poor's Fund Services in Australia and has been with Standard & Poor's since 2001, when he joined as head of Pacific market development.
Outlaw has strong operational management skills, following a career at Credit Suisse and more recently as head of her own change management and operational risk consultancy for financial services firms, Neal said.
Recommended for you
Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam is unethical.
Despite having less growth potential than other assets, financial advisers have said cash allocations are providing a sense of comfort for clients, allowing them to ride out volatility without sacrificing their lifestyle.
AMP’s advice platform has announced three additions to its managed account menu with the new funds aimed to help advisers with clients’ income protection and fixed income needs.
Wealth technology platform HeirWealth has announced a partnership with Hatch Accountants to support the intergenerational wealth transfer.
