BLSEM expands its investment team



Bennelong Long Short Equity Management (BLSEM) has appointed Justin Hay as its new senior investment analyst.
Hay, who has extensive investment management and Australian equities experience that spans 18 years, joined BLSEM in August from Optimal Fund Management Australia where he held a similar position.
In his previous role, Hay was responsible for undertaking fundamental research on equities and analysing macro-economic factors as a member of the research team for the Optimal Australia Absolute Return Trust.
Prior to this, he was an executive director, institutional research sales, at Goldman Sachs Australia.
BLSEM's principal and director, Richard Fish, said: "Justin brings with him extensive experience and industry insights.
We have deepened our specialist long short equities talent pool substantially over the past couple of years.
The team, which is now six strong is more robust than ever, which enables us to focus on our ongoing ability to deliver quality investment management solutions to investors".
BLSEM also announced that in June, another analyst, Daniel Sanelli, joined its ranks as the company was working towards enhancing its operational capabilities of the investment team.
Recommended for you
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.
Flows into Australasian sustainable funds have moved back into outflow territory in the second quarter of 2025 driven by US$400 million in redemptions from passive funds.
Flows into SPDR ETFs during the second quarter of 2025 have helped State Street to reach US$5 trillion in assets under management.