GAM hires Australian MD from Bennelong
GAM Investments has appointed Eric Finnell as its managing director for Australia after his predecessor left to take up the CEO role at Global X.
In September, it was announced that Alex Zaika, who had held the MD role since 2018, would take over from Evan Metcalf as chief executive of ETF provider Global X from 4 November.
In his place, GAM has appointed Eric Finnell who will take over on 18 November and report to Rossen Djounov, global head of client solutions.
Based in Sydney, he will work closely with client directors Daniel Sharp and Alexandra Williamson to develop both the institutional and wholesale client base.
He will be responsible for driving GAM’s regional offerings and providing local clients access to exceptional investment talent and distinctive investment products across equities, fixed income, multi-asset and alternatives.
Finnell joins GAM from Bennelong Funds Management where he worked as the head of institutional- APAC for three years. Prior to this, he spent 12 years at Fisher Investments in the US and in Sydney, and began his career as a financial adviser.
The firm said Finnell’s appointment demonstrates the global business’s commitment to the Australian market.
“GAM’s commitment to the Australian market has been unwavering. The appointment of Eric marks the next significant step in enhancing our presence and delivering innovative, institutional grade investment solutions tailored to the needs of our Australian clients.”
Finnell added: “I’m delighted to join GAM, particularly due to the truly innovative and unique alternative capabilities currently setting us apart in the market. We will further our commitment to this market, where we have established a strong presence over many years. GAM’s investment strategies offer exceptional opportunities for clients to diversify their portfolios amid macroeconomic changes.”
Commenting on the appointment, Djounov said: “With a strong client-centric approach, Eric draws from his extensive experience to identify significant opportunities for our distinctive fund range in Australia and New Zealand.
“Eric’s belief in GAM’s new strategic direction, leadership and unwavering commitment to excellence will drive our teams to deliver best-in-class investment strategies and services to the region’s investors.”
AUTHOR
Laura Dew
Recommended for you
Six months after scrapping its planned deal with KKR, Perpetual is yet to make significant headway on the sale of its wealth management division but is focusing on alternatives for product development.
Platinum Asset Management’s NPAT has fallen by 89 per cent in FY25, with the firm confirming that it will be renamed as L1 Group following the expected completion of its merger with L1 Capital.
Statutory NPAT at Pacific Current has almost halved in FY25 to $58.2 million as the result of an investment restructure.
Being able to provide certainty about redemptions is worth fund managers pursuing when targeting the retail market even if it means sacrificing returns, according to Federation Asset Management.
