Ausbil moves into global infrastructure
Ausbil Investment Management has announced plans to move into global infrastructure after it hired a team of four investment professionals to manage its new global listed infrastructure strategy.
The team included Tim Humphreys as portfolio manager, Jon Reyes as co-portfolio manager and head of transportation, and Paul Johnston as head of utilities, with the final member of the team to be announced shortly, the firm said in a press release.
Humphreys, who has over 20 years of experience in financial markets in Europe and Sydney, and previously worked for AMP Capital RARE and Rothschild Asset Management, would be responsible for the overall construction of the portfolio.
Reyes and Johnston would also be in charge of the portfolio construction, on top of conducting analysis of their respective sectors.
At the same time, Ausbil’s executive chairman and head of equities, Paul Xiradis, would continue to oversee the business’ domestic equity strategies.
Ausbil’s chief executive, Ross Youngman, said the team was expected to start in early July.
“We’re a decade into the global economic recovery with positive implications for global infrastructure. Our clients want exposure to the theme so we’re delighted to secure individuals of this calibre to implement our investment strategy,” he said.
AUTHOR
Oksana Patron
Recommended for you
AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice.
Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm.
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
The alternative asset manager has expanded its Singapore office with a head of Asian distribution, representing a “critical step” for the Asian business, where it is seeking to launch new offerings.
