Australian Ethical appoints new board member



Australian Ethical Investment has appointed Michael Monaghan, a former StatePlus’ managing director, as its new non-executive director to the board, effective 22 September.
Monaghan has more than 30 years of experience across investment, consulting and leadership roles in the financial services organisations both in Australia and internationally.
Prior to this, he also held a number of different roles at Intech Investment Consultants, Deloitte Touche Tohmatsu, Deutsche Bank, IBM and Lend Lease Corporation.
Monaghan is also currently deputy chair of HammondCare and a non-executive director of Alpha Vista Financial Services.
Commenting on his appointment, Australian Ethical’s chairman, Steve Gibbs, said: “Michael is a highly credentialed director who will work to further the company’s mission”.
“The board looks forward to working with him.”
Recommended for you
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.